India, Feb. 7 -- Higher crude oil and bullion prices point to a positive start on Bay Street Friday morning, but Canadian and U.S. jobs data, due before the opening bell, may well set the trend for stocks.
Worries about tariffs have faded a bit, but U.S.-China tensions may weigh on sentiment.
The Canadian economy added 91,000 jobs in December 2024, the largest addition since January 2023, following a 51,000 rise in November.
The unemployment rate in Canada eased to 6.7% in December 2024, down from 6.8% in November.
The Labor Department's report is likely to show an addition of 170,000 jobs in U.S. non-farm payroll employment in January, following a 256,000 jobs rise in December.
Canopy Growth Corp (WEED.TO) reported a net loss of $122 ...