Canadian, U.S. markets rally after differing labour market reports

In New York, the Dow Jones industrial average was up 307.06 points at 38,904.04. The S&P 500 index was up 57.13 points at 5,204.34 and the Nasdaq composite was up 199.44 points at 16,248.52, both gaining more than one per cent.

Markets have flip-flopped this week as U.S. Federal Reserve officials made at times competing comments about whether the central bank would cut rates at all in 2024, and if so, when and how many. “The market shaking it off and rallying on high volume and broad-based participation is a bullish sign,” said Madden.

Video shows police intercept break-and-enter at warehouse involving a dozen suspects north of Toronto York Regional Police have released a video showing more than a dozen suspects armed with hammers and electric saws breaking into a warehouse in Richmond Hill earlier this week.A Regina father and his five children have been left homeless after being evicted from a government housing unit on Wednesday after several noise complaints.Sask. teachers will begin 'work to rule' job action Monday

A new poll from Nanos Research for CTV News has found that a majority of Canadians doubt the police are able to recover stolen cars.Manitoba extending fuel tax holidayGround-breaking Canadian giraffe researcher Anne Innis Dagg dies at 91According to a news release from the Maritime Museum of the Atlantic, Merlin the Macaw, a resident mascot for the facility, is flying off to Safari Niagara in Fort Erie, Ontario.

Mounties are investigating shots being fired at a home in Mission, an incident investigators say is unusual for the community.Video shows police intercept break-and-enter at warehouse involving a dozen suspects north of Toronto Severe weather caused power outages on Friday in three northwest industrial areas and a neighbourhood that includes the Telus World of Science, says a city utility company.A New Brunswick man will serve a nine-year prison sentence for trying to smuggle 71.5 kilograms of cocaine into Canada.3 people arrested for drug trafficking in Mahone Bay: N.S. RCMP

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TSX could 'disappear' without more domestic investment from Canadian pensions: LetkoA veteran wealth management executive says that unless Canada’s largest pension plans start investing more domestically, institutions like the Toronto Stock Exchange could one day fall by the wayside.
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