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@ the Bell: Markets stagger after jobs report

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02 December 2022 16:20 (EDT)

Source: CBC

It was a struggle for Canada’s main stock index on Friday after data showed the economy added more jobs than anticipated in November, while tumbling bullion prices further weighed on the TSX. Good news came from the mining, health care, energy, and industrials markets.

On Wall Street, traders digested last month’s non-farm payrolls number, which revealed hiring in the US also held up better than expected. Speaking at a bilateral summit, President Biden opened the door to talks with Russia to end the war.

Today in the Markets

TSX 20,485.66 -39.79
TSXV 599.20 +0.02
CSE 303.05 +11.21
DJIA 34,434.00 +5.00
NASDAQ 12,003.75 -58.75
S&P 500 4,071.75 -9.25

The Canadian dollar traded for 74.26 cents US, compared to 74.45 cents US on Thursday.

US crude futures traded $1.05 lower at $80.16 a barrel, while the Brent contract lost $1.05 to $85.83 a barrel.

The price of gold was down US$5.03 to US$1,797.50.

In world markets, the Nikkei was down 448.18 points to 27,777.90, the Hang Seng was down 61.09 points to 18,675.35, the FTSE was down 2.26 points to 7,556.23, but the DAX was up 39.09 points to 14,529.39.


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