The Toronto stock market gave up early strong gains by late morning Friday as a weaker than expected reading on the U.S. non-manufacturing sector cancelled out much early enthusiasm over American jobs data, which blew past expectations.
Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend.
The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the health-care and temporary-staffing industries led a 67,000 expansion in private-sector employment.
BERLIN a ' The European Central Bank raised its growth projections for the 16-nation eurozone on Thursday, but stressed that the outlook remains uncertain and said its effort to keep banks supplied with credit would stay in place for the rest of the year.
Don't miss these top money and investing columns: This summer has burned investors, and no amount of SPF -- stock protection factor -- has been able to soothe their sores.
Most Asian stock markets climbed Friday as investors took heart from improving U.S. housing and jobs data amid lingering worries over the pace of the global economic recovery.
Treasury prices edged lower Thursday following the auction of $10 billion in ten-year Treasury Inflation-Protected Securities, or TIPS, and a slight decline in weekly jobless-claims data.
The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, according to The Wall Street Journal.
