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Stock impact report

CANADA STOCKS-TSX ends lower after notching record intraday high; up 1.7% on week [Yahoo! Finance]

Sun Life Financial Inc. (SLF) 
Last sun life financial inc. earnings: 2/12 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Canadian job gains top forecasts in April (Updates at market close) By Fergal Smith May 10 (Reuters) - Canada's main stock index ended lower on Friday as oil prices fell and stronger-than-expected jobs data crimped expectations for Bank of Canada interest rate cuts, with the index pulling back from an earlier record high. The Toronto Stock Exchange's S&P/TSX composite index ended down 66.9 points, or 0.3%, at 22,308.93, after it touched an intraday record high of 22,470.27. For the week, the index was up 1.7%, its biggest weekly advance in nearly five months, as investors cheered rising corporate profits and grew more hopeful that the Federal Reserve would cut interest rates this year. "We are in this mode where good might be better than great when it comes to the labor market and economic growth data as investors look at everything through the lens as to what it means for central banks," said Angelo Kourkafas, a senior investment strategist at Edward Jones in St. Louis, Show less Read more
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