India, Oct. 14 -- Canadian stocks may open with a positive bias on Wednesday, but the upside is likely to be limited amid a mixed trend in commodities markets. U.S. inflation data is likely to make an impact.
Data from the Labor Department showed consumer prices in the U.S. increased in line with economist estimates in the month of September.
The report said consumer prices climbed by 0.6% in September after rising by 0.4% in August. The data also said the annual rate of consumer price growth jumped to 3.7% in September from 3.4% in August, which was also in line with expectations.
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