TSX at 2pm: TSX Rallies on Upbeat U.S. Economic Data

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The Toronto stock market was sharply higher in afternoon trading following strong U.S. jobs numbers along with a positive reading from the Institute of Supply Management.

The S&P/TSX Composite Index rose 91 points to 12,776, close to session highs.

In a broad-based rally, nearly all of the TSX's sub-sectors advanced, paced by industrials and materials.

Heavily traded Twin Butte Energy (TBE.TO) fell 15% while Northland Resources (NAU.TO) shed nearly 3%. Research in Motion (RIM.TO) was up about 2% as it regained some ground following a 20% decline over the last two days.



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