India, May 28 -- Canadian stocks moved to the downside early in the session on Thursday but regained ground over the course of the trading day to close modestly higher.
The benchmark S&P/TSX Composite Index climbed well off its worst levels of the day and into positive territory, closing up 105.65 points or 0.3 percent at 34,517.70.
The index rebounded following the notable pullback seen over the two previous sessions but remains well off Monday's record highs.
An overnight spike in crude oil prices weighed on Bay Street early in the session, but oil pries pulled back well off their highs as the day progressed.
The pullback by oil prices came after a report from Axios said U.S. and Iranian negotiators have reached an agreement on a 60-d...