India, May 2 -- Following the modest pullback seen over the two previous sessions, Canadian stocks showed a strong move back to the upside during trading on Friday.
The benchmark S&P/TSX Composite Index jumped 235.96 points or 1.0 percent to 25,031.51, reaching its best closing level in a month.
The rally on Bay Street came amid reaction to upbeat U.S. economic data, with a closely watched Labor Department report showing U.S. job growth far exceeded economist estimates in the month of April.
The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.
At the same time, the jumps in employment in February and March were downwardly revised to 102,000...