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S&P/TSX Composite Index

15,857.22 real time data change up
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Change: 39.22 (0.25%)

S&P/TSX Venture Composite Index

789.51 real time data change up
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Change: 7.44 (0.95%)
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9:21 AM EDT, October 06, 2017
Investors Nervous Over Jobs Numbers

Futures in Canada's largest market edged lower on Friday following September employment data, with investors also focusing on U.S. non-farm payrolls data.

The S&P/TSX Composite Index gained 55.38 points to close Thursday at 15,776.30

December futures declined 0.05% Friday morning.

The Canadian dollar inched back 0.02 at 79.56 cents U.S. Friday morning.

Bombardier's aerospace business spent $2.4 billion in the United States last year, tapping more than 800 suppliers in all but three U.S. states, according to a confidential Bombardier report seen by media outlets on Thursday.

Reports say Brookfield Asset Management has refrained from improving an original bid for Brazilian renewable power company Renova Energia SA, after due diligence proceedings showed liabilities that were unaccounted for.

CIBC raised the price target on Macdonald Dettwiler and Associates to $90.00 from $83.00

Canaccord Genuity cut the price target on Aritzia Inc. to $21.00 from $23.00

On matters economic, Statistics Canada reported that our economy created 10,000 jobs in September, keeping the unemployment rate at 6.2%, matching the low of October 2008.

Later this morning, (10 a.m. ET) Western University's IVEY School of Business reveals its Purchasing Managers' Index for September.

ON BAYSTREET

The TSX Venture Exchange nicked ahead 0.84 points Thursday to 784.77

ON WALLSTREET

U.S. stock index futures pointed to a slightly weak open Friday, as the latest U.S. jobs report and speeches by U.S. central bankers get ready to take center stage.

Futures for the Dow Jones Industrials sagged 15 points, or 0.1%, to 22,725.

S&P 500 futures slid 2.5 points, or 0.1%, to 2,547.50, while futures on the NASDAQ Composite index slipped 1.25 points to 6,064.50.

Data is expected to keep investors on their toes, as a slew of economic releases are set to be released. The major economic release that will have investors on edge is that of the non-farm payrolls data, which is set to come out this morning.

Along with the average hourly wages and the unemployment rate data, the latest set of non-farm payrolls data should provide an insight into how the U.S. economy and labor market has been faring as of late, especially with the recent hurricanes that wreaked havoc on the region.

Sticking with data, wholesale trade will come out at 10 a.m. ET while consumer credit will be released at 3 p.m. ET.

On the final trading day of the week, a number of members from the U.S. Federal Reserve are set to deliver remarks Friday. Atlanta Fed President Raphael Bostic and Dallas Fed President Robert Kaplan will be the latest individuals to speak in Austin at the Investing in America's Workforce Capstone conference.

Overseas, European stocks traded in a mixed range approaching noon on the continent Monday, while Japan's Nikkei 225 moved forward 0.3%, while in Hong Kong, the Hang Seng Index progressed 0.3%.

Oil prices dropped 71 cents to $50.08 U.S. per barrel.

Gold prices fell $2.30 to $1,270.90 U.S. an ounce.



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