Losses in the energy and health-care sectors took a bite out of Canada's main stock index on Friday, while Wall Street shares took a step back from record highs. It was a half day for US markets following Thanksgiving. Stocks ended an abbreviated trading session on a low note after sharp drops in oil and gas prices dragged down energy companies. The 11 sectors that make up the S&P 500 index lost ground, led by energy. Apache sank 4%, and Devon Energy fell 2.8%. Retailers were mixed as shoppers looked for Black Friday deals. The yield on the 10-year Treasury rose to 1.77% as bond prices fell.
The S&P/TSX Composite Index was down 74.32 points to 17,040.20, and the TSX Venture Exchange was down 0.63 of a point to 531.68.
The Canadian dollar traded for 75.24 cents US compared with an average of 75.27 cents US on Thursday.
Crude oil prices were down 2.69 to $55.42.
The price of gold was up $10.54 to $1,463.93.
In US markets; the Dow fell 112.59 points to 28,051.41, the S&P 500 slipped 12.65 points to 3,140.98 and the NASDAQ lost 39.70 points to 8,665.47.
In world markets; the Nikkei gave up 114.66 points to 23,293.91 the Hang Seng tumbled 536.10 points to 26,346.49, the FTSE decreased 69.24 points to 7,346.53, and the DAX was down 9.21 points to 13,236.38.