Here are five things you need to know this morning:
TSX at all-time highs: The Toronto Stock Exchange’s main index set new all-time intraday and closing highs yesterday, and could be poised for more gains today as a mostly positive earnings season winds toward a close. After spending much of 2023 lagging markets in New York riding the tech sector wave, it’s nice to see Canada’s benchmark stock index cranking out gains. The index is now up by almost 20 per cent since November. While investors have a slew of earnings to digest today in setting the direction for equities, in terms of market-moving events, the biggest dot on the calendar for the day is probably the next item on our chase list.
Canada beats expectations on jobs number: Canada added 90,000 jobs in April, Statistics Canada reported Friday, far better than the roughly 20,000 that economists were expecting. The stronger-than-expected showing caused markets to reprice…
