U.S. data, Fed stance push TSX higher

[riky]

U.S. data, Fed stance push TSX higher

<p><a href="http://news.yahoo.com/tsx-ends-higher-u-data-fed-comments-200540003--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/TjV9_9FYUZW8ChaEIvwHKg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-01T200540Z_1_CBREA301JTH00_RTROPTP_2_CBUSINESS-US-MARKETS-CANADA-STOCKS.JPG" width="130" height="86" alt="People attend a market open ceremony for Toronto Stock Exchange at the TSX Broadcast Centre in Toronto" align="left" title="People attend a market open ceremony for Toronto Stock Exchange at the TSX Broadcast Centre in Toronto" border="0" /></a>By John Tilak TORONTO (Reuters) - Canada's main stock index climbed on Tuesday as positive U.S. economic data and the U.S. Federal Reserve's defense of its stimulative monetary policy buoyed investor sentiment. Figures showing a surge in U.S. factory activity in March came a day after Fed Chair Janet Yellen defended the central bank's easy monetary policy, signaling that stimulative measures to boost the U.S. economy will be necessary for some time to come. The TSX index is up about 5.6 percent this year. &quot;The mood is upbeat,&quot; said Fred Ketchen, director of equity trading at ScotiaMcLeod.</p><br clear="all"/>

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