Market Watch: Dec. 10
It was a rough session for N.A. markets Wednesday, with the TSX off nearly 80 points as the materials and tech sector weighed on the index. In the U.S., markets retreated from record highs as negotiations stalled once again between lawmakers looking to pass another fiscal stimulus package. U.S. markets retreated Thursday morning after fresh data showed new jobless claims jumped sharply last week to 853,000 — substantially more than economists had forecast. The latest jobs data underscores the desperate need for more stimulus, but Republicans seem unwilling to sign off on a substantial spen...
Source: rdnewsnow.com