Equity markets betrayed much of the nerves investors felt, in some cases because of gains on the job markets Friday, others, for losses on payrolls north of said border.
The TSX gave up whatever gains were accumulated during the day, retreating 119.32 points to end the day at 36,513.80.
The Canadian dollar dipped 0.23 cents to 72.23 cents.
On the week, the TSX lost 150 points, or 0.4%
Markets on both sides of the border, of course, are closed Monday for Labour Day.
Linamar hiked $2.66, or 2.7%, to $102,85, Discovery Mining skidded 21 cents, or 1.6%, to $13.12, and SSR Mining lost $2.14, or 4%, to $51.46, while Barrick Mining was down $1.11, or 1.6%, to $61.92.
Aya Gold & Silver sank $1.18, or 2.9%, to $39.92.
Among energy plays, Imperial Oil lost $4.02, or 2.2%, to $177.98, while Tamarack Valley Energy gave back 19 cents, or 1.4%, to $13.34.
Meanwhile, vehicle maker BRP gained $4.82, or 5.5%, to $93.05, after National Bank of Canada upgraded the stock to "outperform" from "sector perform".
Prime Minister Mark Carney said on Thursday that his government was ready to sign a trade deal with U.S. that benefits both countries.
On the economic slate, the economy lost 42,000 (-0.2%) in August and the unemployment rate was unchanged at 6.4%.
The IVEY seasonally-adjusted PMI index increased to 64.3 in August from 55.1 in July, highest since May 2022.
ON BAYSTREET
The TSX Venture Exchange flopped 6.60 points to 965.40. On the week, the index folded 23.7 points, or 2.4%.
The 12 TSX subgroups were evenly divided, with gold dimming 1.2%, materials, off 1%, and energy, off 0.9%.
The half-dozen gainers were led by consumer discretionary stock, better by 1.2%, while utilities and industrials, each up 0.6%.
ON WALLSTREET
The Dow Jones Industrial Average fell sharply on Friday as August’s hotter-than-expected payrolls reading increased expectations that the Federal Reserve could raise interest rates at its next meeting.
The 30-stock index let go of 272.51 points to close Friday at 53,413.60
The S&P 500 sank 29.35 points to 7,718.36.
The NASDAQ Composite retreated 77.07 points to 26,506.99.
However, the Dow headed for a drop of 0.27% this week. The S&P 500 came out on the week slightly above breakeven, while the NASDAQ gained 0.4% gain.
Non-farm payrolls grew 162,000 last month, much more than the 53,000 that economists polled by Dow Jones expected.
The unemployment rate held steady at 4.1%, as expected. On top of last month’s gain, figures for both June and July saw upward revisions.
Prices for the 10-year Treasury were slightly lower, raising yields to 4.78% from Thursday’s 4.77%. Treasury prices and yields move in opposite directions.
Oil prices let go of a penny to $91.29 U.S. a barrel.
Gold prices wobbled $57.50 to $4,482.40 U.S. an ounce.
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