TSX tote board

Canada’s benchmark stock index edged up on Monday to its highest close

in 11 days as financial and energy shares climbed

while mining stocks weighed as lower Chinese economic growth targets

contributed to a softening in prices for metals..

U.S. stocks pulled back on Monday in a broad decline as investors grew uneasy

over the latest tumult surrounding the Trump administration

and geopolitical tensions emanating from North Korea..

ECONOMY

Canada’s job market runs hot

as jobless rate hits 9-year low !

overnight rates by central bank increased quarter point

dollar stronger than last few years.

The jobs figures will bolster confidence the country is quickly running out

of economic slack and higher Bank of Canada interest rates may be needed

to cool off growth, even with a separate report out Friday (today)

showing the country’s trade sector disappointed in June.

The central bank already raised rates last month, and investors are pricing in

at least least one more hike by the end of this year..