CANADA STOCKS-TSX ends higher after latest U.S. "fiscal cliff" talks
TORONTO, Nov 16 (Reuters) - Canadian stocks closed higher on Friday, led by banks and other financial companies, as investors became more optimistic about a possible resolution of a U.S. tax and spending standoff following a meeting of Democrats and Republicans. The Toronto Stock Exchange's S&P/TSX composite index closed up 66.34 points, or 0.56 percent, at 11,877.72. It ended the week down 2.6 percent, its sharpest weekly decline since May.
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