TSX up 1 percent on better Europe, U.S. sentiment

Tue Apr 17, 2012 11:27am EDT
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TORONTO, April 17 (Reuters) - Toronto's main stock index extended gains on Tuesday in a broad-based rally as investors focused on encouraging U.S. corporate results and improving sentiment about Europe following a drop in borrowing costs for Spain.

The Toronto Stock Exchange's S&P/TSX composite index rose 123.07 points, or 1.02 percent, to 12,160.66.