TSX Rises Amid Ceasefire Optimism and Strong U.S. Jobs Data
Canada's benchmark index, the S&P/TSX composite, rose by 0.7% on Friday, buoyed by gains in mining stocks and optimism over a Middle East ceasefire. The index was on track for a weekly gain after two consecutive losses. The rise was supported by stronger-than-expected U.S. jobs data, which contrasted with Canada's labor market struggles. The U.S. reported robust job growth, while Canada's unemployment rate increased to 6.9% with a net loss of 17,700 jobs. The energy and mining sectors led the gains, with companies like First Quantum Minerals and Capstone Copper seeing significant stock price increases. 
