World stock markets soared on Friday, continuing a topsy-turvy ride that has lacked sustained direction in recent weeks. In Europe, Germany's Dax index was up by more than three per cent, while France's CAC-40 and London's FTSE was up just shy of three per cent. In Toronto, the TSX's benchmark index jumped by more than 200 points, or about 1.5 per cent, to 14,430. The Canadian dollar was just shy of 75 cents US, also its highest level since mid-December. A big catalyst for the optimism was a strong U.S. jobs report that showed the U.S. economy added more than 300,000 jobs in December.

Source: CBC News January 04, 2019 18:48 UTC