Canada’s main stock index ended the trading week on a lower note over a broad-based decline on Friday. Losses were led by the health-care and the industrials sectors. Wall Street rebounded after reports from Washington and Beijing indicated a phase one trade agreement may not be as far off as initially thought. Sales figures from major retailers from earlier in the week that were considered disappointing were partially offset by a strong 2019 forecast from Nordstrom.
The S&P/TSX Composite Index was down 44.35 points to 16,954.84, but the TSX Venture Exchange was up 0.99 point to 530.02.
The Canadian dollar traded for 75.29 cents US compared with an average of 75.27 cents US on Thursday.
Crude oil prices were down 0.59 to $57.99.
The price of gold was down $1.26 to $1,461.84.
In US markets; the Dow jumped 109.33 points to 27,875.62, the S&P 500 grew 6.72 points to 3,110.29 and the NASDAQ added 13.67 points to 8,519.89.
In world markets; the Nikkei grew 74.54 points to 23,112.88 the Hang Seng gained 80.74 points to 26,547.38, the FTSE increased 89.34 points to 7,326.81, and the DAX was up 26.23 points to 13,163.88.