Canada’s top stock index tumbled on Friday with geopolitical uncertainty in the Middle East dampening sentiment as investors reviewed fresh payroll figures.
Statistics Canada reported that employment increased by 88,000 (+0.4 per cent) in May, and the employment rate rose 0.2 percentage points to 60.7 per cent. The unemployment rate fell 0.3 percentage points to 6.6 per cent.
Meanwhile, the Bureau of Labor Statistics reported that the US job market showed signs of stabilizing in May, with strong job growth of 172,000, steady unemployment at 4.3 per cent, and upward revisions to prior months indicating more robust hiring than previously reported.
| TSX | 34,413.45 | -803.61 |  |
| TSXV | 956.61 | -64.15 | |
| CSE | 179.52 | -1.18 | |
| DJIA | 50,866.78 | -695.15 | |
| NASDAQ | 25,709.43 | -1,121.53 | |
| S&P 500 | 7,383.74 | -200.57 | |
The Canadian dollar traded for 71.72 cents US compared to 71.98 cents US on Thursday.
US crude futures traded US$2.82 lower at US$90.22 a barrel, and the Brent contract lost US$2.10 to US$92.93 a barrel.
The price of gold was down US$153.17 to US$4,323.14.
In world markets, the Nikkei was down 882.57 points to ¥66,588.12, the Hang Seng was down 291.45 points to HK$24,961.95, the FTSE was up 7.73 points to ₤10,368.05, and the DAX was down 185.90 points to €24,795.05.
