TSX edges off recent record after blowout jobs report, U.S. stock markets mixed

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TORONTO — Canada’s main stock index edged lower Friday after closing at a record high the day before as markets reacted to a much stronger-than-expected jobs report, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 66.

TORONTO — Canada’s main stock index edged lower Friday after closing at a record high the day before as markets reacted to a much stronger-than-expected jobs report, while U.S. stock markets were mixed. 

The S&P/TSX composite index closed down 66.90 points at 22,308.93.

In New York, the Dow Jones industrial average was up 125.08 points at 39,512.84.The S&P 500 index was up 8.60 points at 5,222.68, while the Nasdaq composite was down 5.40 points at 16,340.87.

Markets on both sides of the border are much more uncertain now than they were heading into 2024, said Adelaide Chiu, portfolio manager, vice-president and head of responsible investing at NEI Investments.

“I think at the…

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