It was not a bad day in the markets. The S&P 500 was up 0.8% while Toronto was down 0.3%.
Toll Brothers was up 4.5% and Wells Fargo was up 2.3%.
As always the market gyrates with each piece of good or bad news.
Apparently Friday’s market tone is expected to be set by the U.S. May jobs creation report. Markets probably should not fixate on the net jobs created (or lost) in a single month when that number is probably only a rough estimate of reality, but fixate they do.