Halloween didn’t scare investors as Toronto stocks staged a broad-based rally. The S&P/TSX composite index closed up 33.29 points at 7,772.70. On the week the index gained 2%.

The TSX materials sector gained 1.18%. Falconbridge shares rose $1.20 to close at $25.70.

Inco climbed 99¢ to close at $43.74 and Noranda Inc. rose 33¢ to close at $16.38.

Gold stocks jumped 1.49% on higher bullion prices. Meridian Gold Inc. gained 76¢ to close at $16.72, while Goldcorp rose 77¢ to close at $20.72.

Agnico-Eagle Mines rebounded slightly, gaining 1¢ to close at $14.38, after diving 20% on Thursday on a lowered production target and a surprise third-quarter loss.

The information technology group shed 0.64%, with shares of ATI Technology dropping 62¢ to $18.88.

Zarlink Semiconductor fell 11¢ to $4.08, while Nortel Networks lost 5¢, to close at $5.88.

In earnings news, Telus rose 1¢ to $24.97, after it announced a third-quarter profit that topped estimates.

Biovail rebounded slightly on Friday gaining 12¢ to close at $31.72, after tumbling 10% on Thursday on disappointing profit figures and forecasts.

Traders paid little attention to earlier data that showed Canada’s economy contracted 0.7% in August.

Toronto volumes was 272 million shares hands. Momentum was positive with advancers topping decliners 711 to 509.

The junior S&P/TSX Venture composite index jumped 31.14 points, or 2.03%, to close at 1,565.00.

On Wall Street, blue chip stocks ended slightly higher, completing five straight days of gains, but technology stocks ended flat as investors drew back after large gains this month.

The Dow Jones industrial average closed up 14.51 points, at 9,801.12. The broader S&P 500 ended up 3.77 points at 1,050.71. But the tech-heavy Nasdaq composite index fell 0.48 of a point to 1,932.21.

The Dow rose 2.3% for the week and climbed 5.7% in October — its largest monthly gain since April. This was the Dow’s seventh month of gains in the last eight.

The Nasdaq rose 3.6% for the week and jumped 8.1% for the month, ending October with its largest monthly gain since May.

The Canadian dollar fell 0.15 of a cent to US75.84¢.