The TSX composite was up 37.36 points to 12,785.23 in mid-morning trading on Friday. The Dow rose 91.25 to 14,512.74, while NASDAQ gained 16.43 to 3,239.03.
Silver Wheaton Corp. (TSX: T.SLW, Stock Forum) reported a 23% rise in fourth-quarter profit. It was up 1.3% to $32.11 in mid-morning trading.
The European Central Bank will cut off emergency funding to Cypriot banks at the end of Monday, March 25 unless there is a deal.
Earlier Russia rebuffed Cypriot appeals for aid.
The price of gold climbed US$1.12 to US$1,607.89 an ounce, while silver slipped US$0.12 to U$28.71 an ounce.