Toronto market surges as buyers hunt bargains

Investors caught a scent of the best of all possible worlds Tuesday as the TSX surged higher but oil prices stayed relatively low. One day does not a Chrismtas make but there was widesprad optimism as stock buyers plunged back into the market to pluck up bargains. The Toronto Stock Exchange closed ahead 156 points or 1.1 per cent. The TSX had nearly wiped out all of this year’s gains by Monday’s close after following oil prices downward. Today saw a large comback. At one point the market was up 352 points.