Markets

TSX at 2pm: TSX Little Changed Despite Strong Jobs Reports

The Toronto stock market was little changed weaker in afternoon trading, despite reports that the Canadian economy created 50,700 last month, much higher than expected. The U.S. jobs report also beat predictions.

The S&P/TSX composite index fell 3 points to 12,823, recovering from earlier lows of 12,795.

Among the TSX's sectors, financial and utilities led decliners, offset by gains in materials and health care.

Heavily traded Bombardier (BBD-B.TO) gained 2% while IAMGOLD (IMG.TO) rose 4%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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