S&P/TSX composite up almost 150 points Tuesday, U.S. stock markets also rise

TORONTO - Canada’s main stock index rose almost 150 points Tuesday amid broad-based gains after a new report showed inflation slowed in May, while U.S. markets also rose on economic optimism. The S&P/TSX composite index was up 145.77 points at 19,733.09. In New York, the Dow Jones industrial average was up 212.03 points at 33,926.74. The S&P 500 index was up 49.59 points at 4,378.41, while the Nasdaq composite was up 219.89 points at 13,555.67. However, markets were also up more generally with some economic optimism off the backs of some positive data, Marks said.