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U.S. Dollar Higher After Solid Jobs Data

The U.S. dollar firmed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for November reinforced the odds of a Federal Reserve rate cut later this month. Data from the Labor Department showed that non-farm payroll employment shot up by 227,000 jobs in November after rising by an...

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TSX Hits New Record High, Ends Slightly Up

The Canadian market closed slightly up on Friday with technology stocks contributing to the positive close. Data showing a much bigger than expected increase in Canadian jobs growth in the month of November aided sentiment. The benchmark S&P/TSX Composite Index, which hit a new record high at 25,826.98, closed up 11.76 points or 0.05% at...

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