TSX opens higher on better-than-expected economic data

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(Reuters) – Canada’s main stock index rose on Friday and was set for weekly gains as domestic economic data raised hopes of a soft landing, while materials sector slid as prices of most commodities retreated with a strengthening U.S. dollar. At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 25.78 points, or 0.12%, at 22,113.04. (Reporting by Shubham Batra

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