Despite recovering from early lows, the Canadian market ended weak on Friday, hurt by losses in consumer staples and communications sectors.
Uncertainty about the outlook for interest rates, and concerns on the political front in Europe weighed on sentiment.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.