*

TSX ends up 0.3% at 24,874.48

*

Posts highest closing level since April 2

*

Financials climb 0.9%

*

Magna International ( MGA ) ends 2.2% higher

(Updates at market close)

By Fergal Smith

April 29 (Reuters) - Canada's main stock index rose to a

near four-week high on Tuesday, benefiting from recent upbeat

U.S. corporate earnings and investor relief that the uncertainty

of the Canadian general election is now in the rear view mirror.

Toronto Stock Exchange's S&P/TSX composite index

ended up 75.89, or 0.3%, at 24,874.48, its highest closing level

since April 2.

"It's more about the U.S. earnings that are coming out and

we're also getting a bit of relief post the election in Canada,"

said Sid Mokhtari, chief market technician for CIBC Capital

Markets.

Wall Street closed solidly in positive territory as

investors assessed the latest round of corporate earnings and

weighed prospects of an easing of U.S. auto tariffs.

Canadian Prime Minister Mark Carney's Liberal Party, which

retained power in Monday's election, has promised to support the

economy in a trade war through increased spending, including on

infrastructure.

The prospect of increased infrastructure spending helps

industrials, while recent market volatility could boost banks

and other financials that act as trading intermediaries,

Mokhtari said.

Both heavily weighted financials and consumer discretionary,

which includes auto parts companies, added 0.9%.

Shares of Magna International Inc ( MGA ) ended 2.2% higher.

Energy was a drag, falling 0.8%, as the price of oil

settled 2.6% lower at $60.42 a barrel.

Gold and copper prices also declined. The

materials group, which includes metal mining shares, was down

0.8%.