Canada, U.S. stock markets rise following labour data from both countries

Canada’s main stock index rose nearly 250 points on Friday, as investors sifted through the latest employment figures.

Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Wednesday, Aug 5, 2026, in New York. (Photo: AP/Yuki Iwamura) 08 Aug 2026 05:31AM NEW YORK: The dollar fell sharply Friday (Aug 7) after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rat

S&P closes at record high as soft jobs report eases rate-hike concerns  Reuters

Major U.S. Stock Indexes Gain on Jobs Data  WSJ

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  Toronto Star

Stocks are rising on Wall Street and Treasury yields are falling after the government reported that employers unexpectedly cut 23,000 jobs last month

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  AP News

SpaceX Among Tech Stocks Surging After Weak Jobs Report  Forbes

Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.

Futures pointed higher Friday morning as traders awaited payrolls data, with the Nasdaq on pace for its best week since May

On Friday, the Indian rupee experienced a decrease of six paise against the US dollar. Factors such as a robust dollar, escalating US Treasury yields, and elevated dollar demand from importers contributed to this decline. Additionally, rising global oil prices, combined with geopolitical tensions, are projected to impa