Toronto stocks turn positive after Fed rate cut
TORONTO Jan 30 (Reuters) - The Toronto Stock Exchange's main index jumped into positive territory on Wednesday afternoon immediately after the U.S. Federal Reserve cut its key interest rate by 50 basis points.
The S&P/TSX composite index .GSPTSE was up 6.64 points at 13,053.07. It was down more than 100 points earlier in the session.
($1=$0.99 Canadian) (Reporting by Jonathan Spicer; Editing by Peter Galloway)
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