The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jul 3, 2026
· 5 min read
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Premarket: Global stocks climb as U.S. jobs data cools Fed hike fears
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Article Excerpt
TSX jumps as U.S. jobs data cools Fed hike fears
PUBLISHED JULY 3, 2026
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Canada’s main stock index rose on Friday, helped by gains in mining stocks after weaker-than-expected U.S. jobs data lifted gold prices and reduced expectations of a near-term Federal Reserve interest rate hike.
The Toronto Stock Exchange’s S&P/TSX composite index closed up 308.17 points, or 0.88 per cent, at 35,274.84, led by a 2.4-per-cent gain from the materials sector.
“Weaker U…
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