The close: Surge in energy stocks pushes TSX higher [Toronto Globe and Mail (Ontario, Canada)]
Baytex Energy Corp Common Shares (BTE)
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Source: Toronto Globe and Mail
The close: Surge in energy stocks pushes TSX higher Global stocks rose to a fresh six-month high on Friday as U.S. labour market data eased concerns about an economic slowdown, while optimism that a trade deal between the United States and China was drawing closer also lifted sentiment. After outsized results some analysts saw as distorted by the partial government shutdown in the prior two months, data showed U.S. employment growth accelerated from a 17-month low in March, buoyed by milder weather. U.S. short-term interest-rate futures held on to earlier slight losses after the data, as contracts tied to the Federal Reserve’s policy rate continue to price in a little less than a 5-per-cent chance of an interest rate cut by year’s end, and a little more than even odds for a cut early next year. Story continues below advertisement “We are certainly seeing lots of green shoots in the economy, especially service PMIs, employment numbers; the consumer is a really strong driver of this eco
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BTE
Sec Filings
- 5/2/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/9/24 - Form 6-K
- BTE's page on the SEC website