From Nasdaq: 2025-02-07 17:57:28

The Canadian market closed lower on Friday, with the S&P/TSX Composite Index ending down 0.36% at 25,442.91. The index recorded a weekly loss of 0.35%. Canadian employment rose by 76,000 jobs in January, with the unemployment rate falling to 6.6%. Canopy Growth Corp reported a net loss of $122 million, leading to a 28% drop in their shares. Technology and communications stocks like BCE Inc and Open Text Corp also closed lower. On a positive note, Converge Technology Solutions surged over 53%, while non-farm payroll employment in the U.S. rose by 143,000 jobs in January.



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