The Canadian market ended on a strong note on Friday, with stocks from across several sectors moving higher on sustained buying interest. The mood was quite positive right through the day's session with investors digesting the jobs data from the U.
The Canadian market ended on a firm note on Friday, led by gains in technology and financials shares. Strong jobs data and the rally in U.S. technology sector helped underpin sentiment.
Canadian shares are likely to open on a negative note on Monday, weighed down by falling crude oil and bullion prices. Concerns about tensions in the Middle East and caution ahead of U.
The Canadian market tumbled Friday morning amid concerns about the outlook for interest rates after data showed a much larger than expected addition of jobs in the month of September.
Canadian shares are likely to open with a positive bias, tracking higher commodity prices and steady European stocks. However, Canadian and U.S. employment data for the month of September will significantly impact the mood on Bay Street.