CANADA STOCKS — TSX rises as oil stocks gain on Brent touching $110 a barrel
(Updates to close) Oct 16 (Reuters) — Canada's main stock index gained on Friday, boosted by oil stocks, while investors assessed Bank of Canada Governor Tiff Macklem's warning on persistent energy-price pressures on interest rates. The S&P/TSX Composite Index gained 0.11% to 36,176.55, touching its highest level since September 4. The index gained 1.44% in the week. Energy stocks rose 2.8%. Brent touched $110 a barrel for the first time since May on worries that escalating tensions in the Middle East could further tighten supplies. O/R South of the border, Wall Street ended sharply lower, with CoreWeave, Broadcom and other AI-related technology stocks under renewed pressure..N In Canada, technology stocks fell 3.5%, dragged down by a 5% fall in Shopify and 7.7% decline in BlackBerry. "It's (AI trade) probably affecting the TSX to a significantly lesser extent than it's affecting some of the US indices... there's a pretty big disparity between tech and everything else at the moment," said Josh Sheluk, CIO at Verecan Capital Management. "The TSX offers a pretty interesting diversifying investment relative to global stocks because it is a lot more heavily allocated and weighted towar