The stock market held near highs into the jobs report. GameStop whipsawed on a planned share offering after releasing weak Q1 results early. That's after soaring on "Roaring Kitty."
A powerful surge in price.
All eyes will be on the U.S. non-farm payrolls data, due at 0830 ET, which is expected to show a slight uptick in the number of jobs added in the American economy in May, while Canada's report is likely to show a moderation in job additions. The Bank of Canada this week cut interest rates by 25 basis points to 4.75% for the first time in four years and said it would cut more if inflation continued to ease. The Toronto Stock Exchange's S&P/TSX composite index ended higher on Thursday, led by gains in commodity-linked shares.