Oil prices help S&P/TSX composite close higher on Tuesday, U.S. markets fall

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TORONTO — Canada’s main stock index finished higher to cap off trading on Tuesday, benefiting from a rise in oil prices, while U.S. markets moved lower. The S&P/TSX composite index closed up 134.46 points at 27,539.88.

TORONTO — Canada’s main stock index finished higher to cap off trading on Tuesday, benefiting from a rise in oil prices, while U.S. markets moved lower.

The S&P/TSX composite index closed up 134.46 points at 27,539.88.

“It’s been a mixed day, following a very strong rally over the last three months. What’s unique about the TSX in Canada is that it is getting the benefit of higher oil prices today,” said Angelo Kourkafas, a senior global investment strategist at Edward Jones.

Kourkafas said oil prices were rising on the news that U.S. President Donald Trump said Monday he is giving Russian President Vladimir Putin 10 to 12 days to stop the killing in Ukraine, shortening a 50-day deadline he had given…

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