TSX Limps Higher, Sentiment Restrained Ahead of US CPI By Investing.com

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© Reuters.

By Ketki Saxena

Investing.com — Canada’s main stock index, the S&P/TSX Composite, tracked Wall Street higher today, with tech stocks gaining ground.

However, sentiment remained contained ahead of US CPI data due Thursday, and big US bank earnings later this week.

Gains on the commodity heavy Canadian index were capped by a pull back in crude prices after a surprise build in US inventories.

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Toronto Stock Market News

Canadian National Railway Co (TSX:) received a downgrade from CIBC (TSX:), its second this week after a downgrade from TD (TSX:) earlier this week. Barclays (LON:) meanwhile raised its target price on CN to $170 from $155.

Africa Oil Corp (TSX:)…

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