Crude Oil: P Tsx and Gold Prices

crude oil: The S&P/TSX composite index surged to close up 218.02 points to 15,095.02, a day after losing 194 points, according to The Toronto Star. The key energy, materials and industrials sectors that account for about 40 per cent of the index led the recovery on higher crude oil and gold prices. I would say yesterday's selloff is probably a more accurate representation of where people's heads are at out there, says Ryan Crowther, vice-president and portfolio manager at Franklin Bissett Investment Management. The January crude contract rose 1.20 U.S. to 54.63 U.S. a barrel and the December natural gas contract was down 7.2 cents to 4.45 U.S. per mmBTU. Article Continued Below The December gold contract jumped 6.80 U.S. at 1,228.00 U.S. an ounce and the December copper contract gained 2.8 cents at 2.79 U.S. a pound. The focus now is on headwinds such as earnings growth, higher interest rates, trade and inflation. Crowther says market sentiment has changed from a year ago when U.S. tax cuts drove economic growth and heightened corporate profits. (news.financializer.com). As reported in the news.