TORONTO — Canada’s main stock index moved lower Friday and U.S. stock markets fell after the latest job reports on both sides of the border. The S&P/TSX composite index closed down 91.58 points at 25,442.91.
TORONTO — Canada’s main stock index moved lower Friday and U.S. stock markets fell after the latest job reports on both sides of the border.
The S&P/TSX composite index closed down 91.58 points at 25,442.91.
In New York, the Dow Jones industrial average was down 444.23 points at 44,303.40. The S&P 500 index was down 57.58 points at 6,025.99, while the Nasdaq composite was down 268.59 points at 19,523.40.
When it comes to U.S. economic data, “we are in an environment now where good news is bad news,” said Philip Petursson, chief investment strategist at IG Wealth Management.
The U.S. labour market added 143,000 jobs in January while the jobless rate fell to four per cent.
The report was a bit softer than…
