TORONTO – Strength in technology stocks helped Canada’s main stock index finish higher on Thursday, while U.S. stock markets added to record gains.
Equity markets responded positively to U.S. employment data, said Adelaide Chiu, portfolio manager, vice-president and head of responsible investing at NEI Investments.
A U.S. government report Thursday came in better than Wall Street expected, showing employers added 147,000 more jobs to their payrolls last month than they cut. The unexpected acceleration in hiring signals the U.S. job market is holding up despite worries about how U.S. President Donald Trump’s tariffs may hurt the economy and drive inflation.
“Today, for sure, it was the jobs numbers coming out of the U.S., where the non-farm payrolls did beat expectations. And then we saw a positive…
