"I believe markets could consolidate in a range as we head into tomorrow's jobs numbers and next week's CPI print. nonfarm payrolls and Canadian employment report on Friday. Latest data showed weekly jobless claims increased more than expected last week, but the labor market still remains tight.Īll eyes are now on U.S. However, the optimism was short-lived amid a mixed set of U.S. The index climbed 5% at the start of the week on hopes that central banks might pivot sooner-than-expected from their hawkish stance to combat inflation. ET (1352 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 84.92 points, or 0.44%, at 19,150.17. jobs data due later this week to gauge the Federal Reserve's future actions around interest rates.Īt 09:52 a.m. Oct 6 (Reuters) – Canada's main stock index fell on Thursday, dragged by financial and consumer staple stocks, with investors awaiting U.S.
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