Skip to main content

Featured

Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...
Post a Comment
Read more
Labels

US Stocks Hit Record Highs as Canada Lags Behind


The US stock markets continued their upward momentum on Friday, reaching new record highs amid a strong jobs report and a rally in tech giants. The S&P 500 index rose 1.3% to close at 4,937.96, while the Nasdaq composite surged 1.9% to end at 15,536.25. Meta Platforms and Amazon were among the biggest gainers, as the former announced a surge in profits and the latter beat earnings expectations.

The US economy added 304,000 jobs in January, beating forecasts and signaling a robust recovery from the pandemic. The unemployment rate fell to 3.6%, the lowest since March 2020. The solid labor data boosted investor confidence and reduced the odds of a rate cut by the Federal Reserve in the near future.

Meanwhile, Canada’s main stock index posted a small loss on Friday, weighed down by losses in the base metal, telecommunications and utility sectors. The S&P/TSX composite index fell 0.3% to finish at 21,052.57. The Canadian dollar traded for 74.32 cents US, down from 74.60 cents US on Thursday.

The Canadian economy shed 71,000 jobs in January, missing expectations and reversing some of the gains made in December. The unemployment rate rose to 6.4%, the highest since June 2020. The disappointing jobs report added to the concerns over the impact of the Omicron variant and the high inflation on the Canadian economy.

Labels:

Comments

Post a Comment

Popular Posts