On Friday investors bought up stocks across the board responding to the weeks’ heavy declines related to oil shock fears. The S&P/ TSX indexed rose 167.39 points settling at 14,034.7. This followed a week of declines as Libyan violence caused investors to cash in profits from the last several months.

The TSX Venture Exchange rose 37.01 points to 2,365.68.

The Canadian dollar rose 0.36 of a cent to a three-year high against the us dollar.

Oil prices maintained their volatility with the April New York Mercantile Exchange contract rising $1.09 to US$98.37 a barrel.

The Energy moved up 1.3 per cent as CVE (TSX) gained 72 cents to $37.55.
CNQ(TSX) rose $1.45 to $48.51.

In the U.S. the Commerce Department revised economic growth figures down to 2.8 per cent in the final quarter, from an initial estimate of 3.2.

The Nasdaq was up 42.1 points to 2,780. The Dow rose 81.25 points to 12,149.75. The S&P 500 index rounded things out up 14.44 points to 1,320.54.