chengda
房贷
- 注册
- 2007-09-08
- 消息
- 52
- 荣誉分数
- 7
- 声望点数
- 128
Markets lost points on the last day of the week
- 主题发起人 chengda
- 开始时间
- 注册
- 2003-04-13
- 消息
- 240,313
- 荣誉分数
- 37,721
- 声望点数
- 1,393
TSX, oil prices off sharply on U.S. job figures
Kim Covert
Canada's benchmark stock index was suffering its third straight day of sharp declines on Friday, after data from the U.S showed fewer jobs were added in April than expected.
At midday in Toronto the S&P/TSX composite index was down about 168 points, or 1.39%, to 11,847, with energy leading the decliners, off 2.43%.
The price of crude oil fell US$4.52 to US$98.02 a barrel at midday on Friday, while gold rose US$1.80 to US$1,636.00 an ounce.
The Canadian dollar was also down for a third straight day, losing 68 basis points to US$1.0044 in late-morning trading.
U.S. payrolls made their smallest gains in six months in April, the Labor Department said Friday, adding 115,000 jobs. Analysts polled by Bloomberg had expected a gain of 160,000.
“The data point to sluggish job growth, declining labour-market participation and for those employed, stagnant purchasing power,” Mohamed El-Erian, the chief executive officer of Pacific Investment Management Co., told Bloomberg. “Consumption is less dynamic at a time when headwinds from Europe and a potential fiscal cliff are still material.”
The Dow Jones industrial average fell about 159 points, or 1.20%, to 13,047.50 at midday, and the Nasdaq composite was down 60 points, or 1.97%, to 2,965.
Tokyo's Nikkei was closed on Friday. Hong Kong's Hang Seng was part of the near-global rout, losing 0.77%. London's FTSE fell 1.93%, the CAC in Paris lost 1.90% and Frankfurt's DAX declined 1.99%.
Kim Covert
Canada's benchmark stock index was suffering its third straight day of sharp declines on Friday, after data from the U.S showed fewer jobs were added in April than expected.
At midday in Toronto the S&P/TSX composite index was down about 168 points, or 1.39%, to 11,847, with energy leading the decliners, off 2.43%.
The price of crude oil fell US$4.52 to US$98.02 a barrel at midday on Friday, while gold rose US$1.80 to US$1,636.00 an ounce.
The Canadian dollar was also down for a third straight day, losing 68 basis points to US$1.0044 in late-morning trading.
U.S. payrolls made their smallest gains in six months in April, the Labor Department said Friday, adding 115,000 jobs. Analysts polled by Bloomberg had expected a gain of 160,000.
“The data point to sluggish job growth, declining labour-market participation and for those employed, stagnant purchasing power,” Mohamed El-Erian, the chief executive officer of Pacific Investment Management Co., told Bloomberg. “Consumption is less dynamic at a time when headwinds from Europe and a potential fiscal cliff are still material.”
The Dow Jones industrial average fell about 159 points, or 1.20%, to 13,047.50 at midday, and the Nasdaq composite was down 60 points, or 1.97%, to 2,965.
Tokyo's Nikkei was closed on Friday. Hong Kong's Hang Seng was part of the near-global rout, losing 0.77%. London's FTSE fell 1.93%, the CAC in Paris lost 1.90% and Frankfurt's DAX declined 1.99%.
相关推荐
