TSX higher amid strong U.S. jobs data, Canadian dollar down slightly - News Summed Up

TSX higher amid strong U.S. jobs data, Canadian dollar down slightly


Canada’s main stock index ended the week higher as investors welcomed strong U.S. jobs data and continued strengthening in the energy sector. Shares of Kinder Morgan Canada Ltd. were up 4.99 per cent higher at $17.48 at the closing of markets Friday. The stock’s upswing came after Thursday’s news that the National Energy Board has allowed the company to bypass some bylaws in Burnaby, B.C. South of the border, Wall Street indices reached new milestones amid better-than-expected data showing American employers added 228,000 jobs last month. The unemployment rate remained at a low 4.1 per cent, as the U.S. economy continues to accelerate.


Source: thestar December 08, 2017 16:41 UTC



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