(Bloomberg) -- Canadian stocks rose, led by financial shares including Royal Bank of Canada, as a report showing that inflation was less than expected last month in the U.S. allayed concerns that the Federal Reserve may raise borrowing costs.
Raw-materials producers were led higher by LionOre Mining International Ltd., whose shares jumped after Xstrata Plc. raised its takeover offer for the nickel miner.
Read more at Bloomberg Stocks News
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