CANADA STOCKS-TSX boosted by U.S. jobs report

Fri Sep 3, 2010 9:40am EDT
 
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TORONTO, Sept 3 (Reuters) Toronto's main stock index rose broadly in early trade on Friday after closely watched monthly U.S. nonfarm payroll numbers fell less than expected, assuaging fears that the U.S. economy is sliding back into recession.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 20.82 points, or 0.17 percent, at 12,131.91, after initially opening a touch softer.

U.S. employment fell for a third straight month in August, but the drop was far less than expected, while private payrolls growth was higher than had been thought. [ID:nN02227856] (Reporting by Ka Yan Ng; editing by Peter Galloway)