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TSX up 117 Points at Midday, Boosted by Commodities, Utilities

The Toronto Stock Exchange is up 117 points at midday, led by strong gains in commodities and utilities.The energy sector is up 1.6% as oil prices bounce back from Wednesday's plunge. The United States is still waiting on Iran's response to its latest peace proposal, though Reuters reports that Iran will not agree to U.S. demands to end its nuclear program.Crude oil is up US$2.90 to US$101.16 on last look.Utilities is up 1.2%, while the mining sector is up 1%.Healthcare and info tech are the sole decliners, shedding 0.6% and 0.3%, respectively.In stocks, Lightspeed Commerce (LSPD.TO) is 8.8% lower after it reported lower fourth-quarter adjusted earnings, even though revenue advanced 15%.

Brief: Bank of Canada's April MPR Says Outlook Depends on Outcome of CUSMA Trade Negotiations With U.S., Duration and Severity of Iran War