TSX in Green Following U.S. Inflation Figures

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Stocks in Toronto forged ahead Tuesday, on the backs of industrial and tech stocks, as investors took much of their cue from inflation numbers south of the border.

The TSX Composite gained 61.8 points by Tuesday’s closing bell to 21,831.02.

The Canadian dollar lost 0.08 cents at 74.12 cents U.S.

Tech stocks led the way, with Quarterhill picking up nine cents, or 4.9%, to $1.92, while Celestica hiked $2.07, or 3.6%, to $60.93.

In the industrial sector, Toromont Industries shot higher $3.14, or 2.5%, to $127.00, while Cargojet spiked $1.75, or 1.6%, to $112.61.

Consumer discretionary stocks also had a banner day, with Aritzia gathering 75 cents, or 2.2%, to $35.55, while MTY Food Group surged 96 cents, or 1.8%, to $53.01.

Gold pulled things lower, with Novagold off 22 cents, or 6.2%, to $3.35, while B2Gold hesitated 12 cents, or 3.3%,…

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