May 8, 2020 / 11:55 AM / in 2 months

TSX opens higher on improving U.S.-China ties, higher oil prices

FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

(Reuters) - Canada’s main stock index opened higher on Friday, as signs of improving U.S.-China relations and higher oil prices boosted confidence.

* At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE was up 124.48 points, or 0.84%, at 14,958.17.

Reporting by Amal S in Bengaluru; Editing by Rashmi Aich

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