TSX gets bounce from banks, energy after U.S. data
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By John Tilak TORONTO (Reuters) - Canada's main stock index rose almost 1 percent on Tuesday, recovering some of the losses seen in Monday's dramatic selloff, as economic data helped spur a rally in financial and energy shares. Data showed consumer prices dropped last month, leaving room for the Federal Reserve to keep up its economic stimulus efforts. The Fed's ultra-loose monetary policy has been one of the drivers of the stock market rally this year. Still, the gain in Canadian stocks only partly made up for Monday's 2.7 percent fall, its biggest one-day percentage drop since June. ...
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