TSX, U.S. markets rise Friday despite stronger-than-expected labour market data

  • 📰 SooToday
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 85%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

TORONTO — Canada's main stock index gained more than 100 points Friday, led by strength in energy, technology and base metals, while U.S. markets also rose, as investors on both sides of the border reacted to the latest labour market data.

In New York, the Dow Jones industrial average was up 288.01 points at 33,407.58. The S&P 500 index was up 50.31 points at 4,308.50, while the Nasdaq composite was up 211.51 points at 13,431.34.“It’s a pretty meaningful reversal from the knee-jerk reaction that we saw in the morning,” said Angelo Kourkafas, an investment strategist at Edward Jones.

That data is part of the suite of economic indicators that central banks are eyeing for their upcoming interest rate decisions, and continued economic strength could spell another rate hike. Wage growth in the U.S. moderated in September, with average hourly earnings rising at their slowest year-over-year rate since June 2021. Meanwhile, even though Canadian wage growth year-over-year was slightly higher in September than in August, most of the job gains were concentrated in the educational services sector, noted Kourkafas, and most were in part-time employment.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 8. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,246.07, up 108.26 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 41 cents, or 0.52 per cent, to $79.80 on 8.8 million shares.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »