Political Deal: SNC-Lavalin Group Inc

SNC-Lavalin Group Inc: TORONTO - Canada's main stock index ended higher on Wednesday as a political deal to avert a U.S. default neared completion, but gains were capped by weak materials stocks and a sharply lower earnings revision by SNC-Lavalin Group Inc SNC.TO: Quote , according to Reuters. North American equities are likely to keep fluctuating on each twist and turn of the debt saga, and then resume their focus on the data that will inform the Federal Reserve's decision on when to pull back its monetary stimulus, said Michael Sprung, president at Sprung Investment Management Inc and By Alastair Sharp The TSX tracked larger gains in U.S. equity markets .N, which rose on optimism that a fiscal deal that would prevent Canada's biggest trade partner defaulting on its debt could be wrangled between Washington lawmakers at the eleventh-hour. (www.immigrantscanada.com). As reported in the news.