The Globe and Mail reports in its Friday edition that North American indexes finished higher on Thursday, the second straight day of gains, as investors bought shares after U.S. President Donald Trump rescinded tariff threats on European allies while data highlighted American economic resilience. A Reuters dispatch to The Globe says the advance came the day after Mr. Trump stepped back from imposing tariffs as leverage to seize Greenland. Investors have quickly returned to stock markets after Mr. Trump's Wednesday U-turn. Still, two days of gains have yet to fully erase losses the three U.S. benchmarks took on Tuesday, when Mr. Trump's tariff and vague military threats sent shivers through global markets. "It's very weird to wake up every day as a money manager and you do not know whether it is Christmas morning or Friday the 13th," said Gregg Abella at Investment Partners. The S&P/TSX composite ended up 0.5 per cent to 33,002.70. The Toronto Stock Exchange's materials group rose 2.2 per cent on Thursday as gold pushed above $4,900 an ounce for the first time. Five of the 10 major TSX sectors ended lower, including energy. It fell 1.3 per cent as the price of oil settled 2.1 per cent lower at $59.36 (U.S.) a barrel.