February 6, 2009 / 2:47 PM / 9 years ago

CANADA STOCKS-Toronto index reverses early dip to charge higher

TORONTO, Feb 6 (Reuters) - Toronto’s key stock index turned higher moments after a lower open on Friday as dismal U.S. jobs data fueled bets for a U.S. stimulus package and offset the drag lower oil prices had on energy shares.

The S&P/TSX composite index .GSPTSE was up 97.57 points, or 1.1 percent, at 8,958.55 after falling as much as 36 points at the open. (Reporting by Frank Pingue; Editing by Jeffrey Hodgson)

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