S&P/TSX composite rises more than 200 points helped by oil prices, U.S. markets slide

The S&P/TSX composite index was up 205.25 points at 33,594.98.The April crude oil contract was up US$1.35 at US$66.40 per barrel.“Energy is the big sector today, that’s why the Canadian market is doing as well as it is,” said Pierre-Benoît Gauthier, vice-president of investment strategy at IG Wealth Management.U.S. President Donald Trump has been ratcheting up pressure on Iran, which is home to some of the world’s largest oil reserves, because of its disputed nuclear program. If a conflict were to break out ...