Stock markets in Canada and the U.S. finished in solidly positive territory as investors on both sides of the border awaited fresh jobs news that could portend possible interest rate cuts. The S&P/TSX composite index was up 164.
Stock markets in Canada and the U.S. finished in solidly positive territory as investors on both sides of the border awaited fresh jobs news that could portend possible interest rate cuts.
The S&P/TSX composite index was up 164.53 points at 28,915.89.
In New York, the Dow Jones industrial average was up 350.06 points at 45,621.29. The S&P 500 index was up 53.82 points at 6,502.08, while the Nasdaq composite was up 209.97 points at 21,707.69.
The U.S. Labour Department is expected to release a report Friday into the job market’s health in August. The data is expected to carry a lot of weight with the Federal Reserve, which has so far kept rates steady over fears President Donald Trump’s tariffs…
