TSX Earnings Reports

Iran minister: The Canadian dollar rose 0.64 of a U.S. cent. to 80.06 cents, according to The Toronto Star. The May crude contract closed up $1.38 at $53.29 a barrel on reports that Iran oil minister has called on the Organization of the Petroleum Exporting Countries to cut production by at least five per cent. The S&P/TSX composite rose 5.69 points to 15,389.28, following a small decline of 4.84 points on Monday. The energy sector was the biggest gainer on the TSX, up almost two per cent. Its shares rose 97 cents or 1.56 per cent to $63.04 . Meanwhile, Wells Fargo stock lost ground after reporting that first-quarter earnings fell slightly from a year ago. In New York, markets were mostly higher amid mixed earnings reports, including a surprise beat by America largest bank by assets, JPMorgan Chase, which said earnings rose 11 per cent in the first quarter. (news.financializer.com). As reported in the news.