North American markets rose sharply in late-morning trading, especially south of the border following better-than-expected U.S. inflation data. The S&P/TSX composite index was up 279.73 points at 19,858.03. In New York, the Dow Jones industrial average was up 557.60 points at 33,332.01. The S&P 500 index was up 80.73 points at 4,203.20…
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