Despite tripping out of the gate with near 50-point drop, Canada’s main stock index ended Tuesday higher. The TSX was supported by a comeback among tech shares and continued growth among the industrial sector.
U.S. markets moved higher after the latest inflation report from February was mostly in-line with estimates. The Bureau of Labor Statistics said the consumer price index climbed 0.4 per cent for the month and was up 3.2 per cent year over year.
The Canadian dollar traded for 74.11 cents compared to 74.16 cents U.S. on Monday.
U.S. crude futures traded $0.14 lower at $77.79 a barrel, and the Brent contract lost $0.09 to $82.12 a barrel.
The price of gold was down US$26.58 to US$2,157.16.
In world markets, the Nikkei was down 22.98 points to 38,797.51, the Hang Seng was up 505.93 points to 17,093.50, the FTSE was up 78.58 points to 7,747.81, and the DAX was up 218.84 points to 17,965.11.
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