Surging Oil, Gold Lift Toronto Stocks as S&P 500 Drops

Canadian stocks rose Friday on higher gold and oil prices, avoiding the swoon that hit major US and European indexes from fears of a drawn out Iran war.

The S&P/TSX Composite Index closed 0.2% higher in Toronto. Gains from oil majors Canadian Natural Resources Ltd. and Suncor Energy Inc. as well as gold miners like Barrick Mining Corp. drove the Canadian benchmark.