TSX rises on materials boost; US inflation data revives rate cut hopes

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By Purvi Agarwal (Reuters) -Canada’s main stock index climbed on Friday, set for a weekly gain, boosted by materials stocks and upbeat megacap earnings on Wall Street, as increasing bets for an interest rate cut in September helped investor sentiment. At 10:05 a.m. ET (14:05 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 73.53 points, or 0.34%, at 21,958.91. The materials

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