Toronto Stocks Drop Following Hot Jobs Numbers
In midday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 1.2% lower at 24775.30, tracking a similar 1.2% drop for the week. Energy and consumer non-durables were the only sectors in ...
A cut in January, then a pause: What jobs data mean for Bank of Canada and interest rates
“Given the still-elevated unemployment rate and the cooler wage readings, the latest labour market data still leaves the Bank of Canada in a position to cut rates,” Mendes said. He expects the Bank of ...
Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns
Canadian stocks are down sharply on Friday with stronger-than-expected U.S. jobs data raising concerns that the Federal Reserve will ...
Financial Services Roundup: Market Talk
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