CANADA STOCKS-TSX shrugs off weak data to move higher
TORONTO, July 31 (Reuters) - Toronto's main stock index turned higher on Friday morning after a lower open as investors opted to shrug off data that showed the Canadian economy contracted in May by more than the market had expected.
The S&P/TSX composite index .GSPTSE was up 28.73 points, or 0.27 percent, at 10,705.45 shortly after the open, when it fell by as much as 50 points. (Reporting by Frank Pingue; editing by Peter Galloway)
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