TSX Composite Index Drops After Blowout Jobs Report
===============
#c0f71ab7 ver:0.59
The TSX Composite Index drops after a blowout jobs report, as Canada's main stock index retreats from its recent record high. Economic data in the US shows surprising resiliency, pushing back cut expectations significantly, while Canada's economy weakens, leading to bets on cuts starting in June. The Bank of Canada faces a tough decision on when to cut rates. Unemployment rate in Canada holds steady in April, with the largest employment increase in over a year. Major economic reports in the US next week could prompt more market movement. #StockMarket #Economy #JobsReport...
#newstr #Tsx #StockMarkets #JobsReport #Economy #BankOfCanada #UnemploymentRate #Inflation #Recession #ConsumerSentiment #EconomicReports
https://here.news/story/c0f71ab7?ver=0.59
Stock markets mixed as rate-cut concerns persist /
npub1xd…wvrwk
2024-05-10 22:00:43
Author Public Key
npub1xdpvcjt9v637ca62ald7g88qjfm85p2u0ncu09m3t4fa7xv6l6qqtwvrwkPublished at
2024-05-10 22:00:43Event JSON
{
"id": "eca0fe58e32848e4a379c88b401c36df59d0850169987cc60395eaf4e2b77839",
"pubkey": "3342cc496566a3ec774aefdbe41ce092767a055c7cf1c797715d53df199afe80",
"created_at": 1715378443,
"kind": 1,
"tags": [],
"content": "TSX Composite Index Drops After Blowout Jobs Report\n===============\t\n#c0f71ab7 ver:0.59\n\nThe TSX Composite Index drops after a blowout jobs report, as Canada's main stock index retreats from its recent record high. Economic data in the US shows surprising resiliency, pushing back cut expectations significantly, while Canada's economy weakens, leading to bets on cuts starting in June. The Bank of Canada faces a tough decision on when to cut rates. Unemployment rate in Canada holds steady in April, with the largest employment increase in over a year. Major economic reports in the US next week could prompt more market movement. #StockMarket #Economy #JobsReport...\n\n#newstr #Tsx #StockMarkets #JobsReport #Economy #BankOfCanada #UnemploymentRate #Inflation #Recession #ConsumerSentiment #EconomicReports \n\n https://here.news/story/c0f71ab7?ver=0.59",
"sig": "1d57e165801c009fc7b810e48cdc410d1d310f1f62d015f6cc33416a4c4370ef85294890a3197391f25c039e0be8ca7204c84ce615f0af131ab2d5e8380c6130"
}