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Market Impact: 0.65

Canadian Stocks Plummet Amid U.S., Canada Jobs Data Releases, Profit Booking

Monetary PolicyEconomic DataInterest Rates & YieldsMarket Technicals & FlowsInvestor Sentiment & Positioning

Canadian stocks fell sharply on Friday as jobs data in Canada and the U.S. reinforced expectations for tighter monetary policy to remain in place for longer. The move also reflected profit-taking after the prior session's gains, contributing to a broad risk-off tone in equities.

Analysis

Canadian stocks fell sharply on Friday as jobs data in Canada and the U.S. reinforced expectations for tighter monetary policy to remain in place for longer. The move also reflected profit-taking after the prior session's gains, contributing to a broad risk-off tone in equities.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45