CANADA STOCKS-TSX falls as jobs data fails to lift fog on rates
(Adds portfolio manager comment, updates prices to close)
* TSX ends down 118.10 points, or 0.87 percent, at 13,478.31.
* Nine of the TSX's 10 main groups fall
By Alastair Sharp
TORONTO, Sept 4 (Reuters) - Canada's main stock index fell broadly on Friday as mixed employment data provided little clarity for investors ahead of central bank monetary policy meetings on both sides of the border.
The Toronto Stock Exchange's S&P/TSX composite index fell 118.10 points, or 0.87 percent, to 13,478.31. It lost 2.7 percent on the week, pummeled by volatile oil prices and fears about slowing Chinese growth.
"I think the market now is confused and scared," said Marcus Xu, portfolio manager at M.Y. Capital Management Corp. "The TSX remains under lots of pressure from all these worry factors," he added, referring to China, the price of oil, and uncertainty over whether the U.S. Federal Reserve will choose to raise interest rates later this month.
Canada unexpectedly added jobs in August, but the unemployment rate rose to a one-year high as more people looked for work.
Job growth in the United States slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated. Continued...