The Toronto stock market was higher for a sixth session Tuesday as traders sensing that the TSX has turned the corner amid improving global economic conditions sent shares higher across all sectors.Traders also took in weaker than expected U.S. jobs data that suggested the Federal Reserve likely is in no rush to start winding up a key element of economic stimulus.The S&P/TSX composite index jumped 94.52 points to 13,281.05, its highest level since July, 2011, led by mining stocks.The U.S. Labour Department said job creation for September came in at 148,000 while the jobless rate dipped 0.1 per cent to 7.2 per cent. Economists had been looking for job gains in the neighborhood of 180,000. Also, August job creation was revised upward from 169,000 to 193,000.The report was to have been released weeks ago but got held up because of the partial U.S. government shutdown, which ended last week.There has been growing speculation since May about when the Fed might start to taper its monthly purchase of US$85 billion of assets that have kept interest rates low and supported strong gains on many equity markets this year.“Overall, the soft data could have markets pushing the timing for Fed tapering out even further,” said CIBC World Markets economist Andrew Grantham.The Canadian dollar was up 0.14 of a cent at 97.22 cents US as other data showed that retail sales edged up 0.2 per cent during August to $40.3 billion. Economists had expected a gain of 0.3 per cent.New York gained momentum as other data showed that spending on U.S. construction projects rose at a solid pace in August, helped by further gains in residential building. Overall construction activity climbed to the highest level in more than four years. Construction spending increased 0.6 per cent in August compared with July.The Dow Jones industrials moved up 119.74 points to 15,511.94, the Nasdaq gained 24.78 points to 3,944.83 and the S&P 500 index added 13.57 points to 1,758.23.The TSX gold sector led advancers, up 3.7 per cent while December bullion advanced $17.30 to US$1,333.10 an ounce. Barrick Gold (TSX:ABX) jumped $1.09 to C$20.35 and Goldcorp (TSX:G) ran up $1.01 to $26.74.The base metals sector gained 2.5 per cent as the December copper contract on the Nymex rose four cents to US$3.34 a pound. Teck Resources (TSX:TCK.B) rose 94 cents to $29.49.The financials sector was ahead 0.6 per cent while CIBC (TSX:CM) improved by $1.27 to $86.62.The energy component edged up 0.45 per cent as oil prices turned higher despite other data showed rising inventories. The U.S. government said Monday, in a report delayed five days due to the government shutdown, that U.S. crude supplies rose by four million barrels in the week ended Oct. 11.The November crude contract on the New York Mercantile Exchange edged 33 cents higher to US$99.55 a barrel.Traders also also focused on earnings news this week.After the close Monday, Netflix reported that earnings quadrupled as the Internet video subscription service’s line-up of original programming helped attract 1.3 million more U.S. subscribers during its latest quarter. Netflix earned $32 million, or 52 cents per share, compared with income of $7.7 million, or 13 cents per share, at the same time last year. Analysts surveyed by FactSet had forecast earnings of 48 cents per share.Revenue rose 22 per cent from last year to $1.1 billion to match analyst projections but its stock was well off session highs, up $3.13 or 0.88 per cent to US$358.12 after early moving as high as $389.16.In Canada, traders will take in earnings after the close from Canadian National Railways (TSX:CNR). Canadian Pacific Railway (TSX:CP) reports on Wednesday and both are expected to show rising revenues from greater shipments of crude oil. CN was ahead six cents to $109.96 and CP gained 29 cents to $134.53.In other corporate news, a U.S. regulatory filing says Saks Inc. has agreed in principle to settle suits filed by some of its shareholders, who objected to the U.S. retailer’s agreement to a US$2.9 billion friendly takeover by Hudson’s Bay Co. (TSX:HBC). Saks has agreed to make additional disclosures to shareholders before the shareholder vote and HBC has agreed to accept less time for matching a rival offer and a smaller termination fee if the original deal doesn’t close as expected. Hudson’s Bay shares gained eight cents to $18.53.European bourses were positive as London’s FTSE 100 index gained 0.9 per cent, Frankfurt’s DAX advanced 1.2 per cent while the Paris CAC 40 was ahead 0.6 per cent.