TSX rises on oil gains but Wall Street slips amid mixed economic

TORONTO — The Toronto stock market eked out a small gain on higher oil prices, while New York indexes moved sharply lower amid signs of a pickup in inflation.The S&P/TSX composite index gained 23.61 points to 13,917.10 after a strong advance of almost 145 points on Monday.The loonie eased back 0.04 of a U.S. cent to 77.50 cents US as the June contract for benchmark North American crude oil added 59 cents to US$48.31 a barrel.In economic news, the U.S. Labor Department reported that consumer prices rose 0.4 per cent in April, the most in more than three years.In New York, the Dow Jones industrial average fell 180.73 points to 17,529.98, while the broader S&P 500 lost 19.45 points to 2,047.21 and the Nasdaq stepped back 59.73 points to 4,715.73.Elsewhere in commodities, the June contract for natural gas was up a penny at US$2.19 per mmBtu, while June gold rose US$2.70 to US$1276.90 a troy ounce and July copper was unchanged at US$2.09 a pound.