Stocks surge as soft jobs report revives Fed rate cut hopes: Yahoo Finance

All three of the major indexes jumped after the April employment report showed the US added 175,000 jobs last month, far fewer than the 240,000 economists had been predicting. The unemployment rate ticked higher to 3.9% and average hourly earnings rose less than expected. Investors are also still digesting earnings from the likes of Apple , Cloudflare , Block , and Expedia Group . Other trending tickers on Yahoo Finance include Toronto-Dominion Bank , Amgen , and GameStop .3:35 p.m.

The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day , representing 11% of current Canadian gas output.

"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."This dividend stock is up 21% in the last year, with a 4.96% dividend yield. And even more growth is likely on the way for investors wanting security. The post Invest $10,000 in This Dividend Stock for $2,620.16 in Passive Income appeared first on The Motley Fool Canada.The Canadian dollar strengthened against its U.S.

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