Toronto stocks get big bounce after 5-session dive

Tue Jan 22, 2008 4:16pm EST
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TORONTO Jan 22 (Reuters) - The Toronto Stock Exchange's main index soared on Tuesday, regaining more than two-thirds of Monday's steep dive after Canada and the United States cut interest rates in an effort to calm worries over the global economic outlook.

The S&P/TSX composite index .GSPTSE unofficially closed up 477.22 points, or 3.93 percent, at 12,609.35. (Reporting by Leah Schnurr; Editing by Peter Galloway)