Broad-based strength led by battery metals and telecom stocks helped the TSX gain one per cent Friday despite weakness in energy stocks, while U.S. markets also rose.
“The Canadian economy added fewer than expected jobs in October, and so did the U.S.,” said Anish Chopra, managing director with Portfolio Management Corp. Meanwhile, the U.S. economy added 150,000 jobs, down from the gain of 297,000 in September. The unemployment rate rose to 3.9 per cent.
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