Friday wrap: Stocks tumble as disappointing U.S. jobs data deepens pessimism about recovery
TSX sheds almost 1% on the week
- By: Malcolm Morrison
- June 4, 2010 June 4, 2010
- 15:28
TSX sheds almost 1% on the week
Euro worries rise
Gains in non-residential sector offset residential declines
Investors cautious ahead of U.S. employment data
High-yield bond issuance may increase
Oil prices rise
Housing data helps support U.S. markets
U.S. futures positive
Banks hike prime quarter point
Modest downgrade in global growth and commodity prices
Loonie falls as BoC ups interest rates
Euro worries push loonie down ahead of rate announcement
Co-operation among the G20 is crucial now that the European economy has slowed once again
Canada's economic growth rate hits 6.1% in first quarter
Loonie climbs as first quarter growth beats forecasts
Strong growth in U.S., Japan
U.S. markets closed for Memorial Day
Canada, U.S. jobs reports coming Friday
Canada is well-positioned to outpace other industrialized economies
Commodity futures, Canadian bonds less sensitive to global developments
TSX down 5% from its 2010 high
Index may have hit a ceiling for now, analyst says
Current account deficit narrows
Oil, gold higher