TSX up after U.S. Fed comments ease market concerns

By John Tilak TORONTO (Reuters) - Canada's main stock index hit its highest level in more than a week on Wednesday after the U.S. Federal Reserve opened the door further to the possibility of an interest rate increase. The bank provided more clarity about plans to raise interest rates, but stopped short of saying when that could happen. This could mean that they are not going to be quick in raising rates,” said Philip Petursson, managing director of capital markets & strategy at Manul