Toronto stocks drop in a selloff sparked by strong US payrolls data
Canada's main stock index tumbled over 1% on Friday after a stronger-than-expected U.S. payrolls data sparked fears of a highly cautious approach towards interest rate reduction by the Federal Reserve this year.
U.S. Stocks Close Sharply Lower As Strong Jobs Data Raises Interest Rate Concerns
U.S. stocks tumbled on Friday due to heavy selling across the board as buoyant non-farm payroll data raised concerns that the Federal
Strong US jobs report sends stocks sliding, dollar rising
Wall Street stocks slumped and the dollar climbed on Friday as a robust US jobs report dimmed hopes of further interest rate cuts.
Stocks Open Lower as Bond Yields Rise After Strong December Jobs Data
Stocks opened lower on Friday after strong U.S. jobs data sent bond yields spiking. The Nasdaq Composite was down 1.9%. The Labor Department said the U.S. economy added 256,000 jobs in December, which was well ahead of economists' expectations at 153,
US Stocks Fall As Strong Jobs Report Pushes Up Bond Yields
US stocks opened lower Friday, as US job gains did far better than expected, pushing up bond yields on fears that interest rates would remain higher for longer.
Stock markets drift lower as US jobs data looms
Equities fell Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making on interest rates, with several officials
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 ...
CDZ:CA: The S&P Is Pricey, These Dividends Aren't
CDZ:CA offers sector diversification, defensive attributes, and trades at a favorable valuation. Read why I think the fund is ...
What Trudeau’s exit means for the struggling loonie — and Canada’s economy
Prime Minister Justin Trudeau's resignation sent the Canadian dollar higher against the American greenback on Monday. Here's why it matters for the loonie.
Toronto Stocks Edge Higher After Two Days of Losses
In midday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 0.3% higher at 25013.25 as finance and retail stocks led the push, countering weakness in the technology sector. The index ...
TSX futures kickstart 2025 on positive note as oil, gold prices rise
Futures tracking Canada's main stock index rose on the first trading day of the year on Thursday, as higher oil and gold ...
The Smartest Growth Stock to Buy With $5,000 Right Now
Here's why Shopify (TSX:SHOP) looks like a top growth stock investors may want to own in 2025 and beyond. The post The ...
Toronto Stocks Steady With U.S. Markets Closed
U.S. stock markets were closed to mark former President Jimmy Carter's memorial. When they reopen Friday, the spotlight will be on the monthly employment report. Canada also is bracing for the release ...