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Stock markets edge higher at open

10/3/2012 7:11:37 AM | Stockhouse Editorial

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U.S. economy created more private sector jobs than expected in September

North American stocks had a positive start to Wednesday’s trading session, buoyed by better-than-expected private sector job creation in the U.S.

The TSX rose 19 points to 12,409, while the Venture Exchange added a single point at 1332.

Topping the most-active list in Toronto are shares of Torex Gold (TSX: T.TXG), which were up more than 1% on volume of 1.3 million shares.

The Dow moved 11 points higher to 13,493, and the Nasdaq also advanced 11 to 3,130.

Wall Street got a boost from an ADP report that showed that the private sector had created more jobs than estimated in September.

The price of gold gained $5 to US$1780, while silver moved up four cents to $34.71.

Oil prices slipped $1.47 to US$90.42.

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