TSX jumps after soft U.S. inflation data

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Canada’s main stock index opened higher on Thursday led by technology and industrial stocks, after soft U.S. inflation data lifted expectations of smaller interest rate hikes by the Federal Reserve.

At 09:34 a.m. ET (14:34 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 469.05 points, or 2.42%, at 19,813.3. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Arun Koyyur)