Markets reach new highs despite U.S. government shutdown and economic 'data vacuum'

News Room
By News Room 5 Min Read

TORONTO – Canada’s main stock index reversed earlier losses to finish in positive territory and continue its streak of record highs, while U.S. markets also gained despite a U.S. government shutdown preventing the release of economic data.

“The market’s hitting all-time new highs … we were looking for some jobless claims data today from the U.S. Department of Labor, but that didn’t happen because of the shutdown south of the border,” said Jillian Bryan, senior investment adviser and portfolio manager at TD Wealth.

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