TORONTO — Stock markets edged higher on Tuesday as U.S. inflation data spurred some optimism among investors even though oil prices continued to rise.
The S&P/TSX composite index was up 67.82 points at 35,320.54.
In New York, the Dow Jones industrial average was up 9.63 points at 52,508.27. The S&P 500 index was up 28.25 points at 7,543.59, while the Nasdaq composite was up 233.83 points at 26,107.01.
Brian Madden, chief investment officer with First Avenue Investment Counsel, said there are “cross currents” in the market.
“On the one hand you get the seemingly dovish inflation reading out of the states. On the other hand …
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