* TSX ends down 0.3% at 22,308.93
* Index touches a record intraday high
* Energy falls 1.2%; oil settles 1.3% lower
* Canadian job gains top forecasts in April
May 10 (Reuters) – Canada’s main stock index ended lower
on Friday as oil prices fell and stronger-than-expected jobs
data crimped expectations for Bank of Canada interest rate cuts,
with the index pulling back from an earlier record high.
The Toronto Stock Exchange’s S&P/TSX composite index
ended down 66.9 points, or 0.3%, at 22,308.93, after
it touched an intraday record high of 22,470.27.
For the week, the index was up 1.7%, its biggest weekly
advance in nearly five months, as investors cheered rising
corporate profits and grew more hopeful that the Federal Reserve
would cut interest rates this year.
“We are in this mode where good might be better than great
when it comes to the labor…
