TSX opens higher as soft US PPI data reaffirms rate-cut bets

Aug 13 (Reuters) - Canada's main stock index opened higher on Tuesday as soft data in the United States kept hopes for a September rate-cut by the Federal Reserve intact, while declines in commodity-linked shares limited gains.

At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE), opens new tab was up 44.69 points, or 0.2%, at 22,443.62.

Reporting by Nikhil Sharma in Bengaluru; Editing by Shreya Biswas

Reuters

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TSX opens higher as soft US PPI data reaffirms rate-cut bets

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