The TSX has seen residual growth this week under a broad market rally that was ignited after Donald Trump won the presidential election. As of Friday afternoon, however, the index was down slightly by 98.39 points.
Over in the U.S., the Dow Jones and the NASDAQ hit record highs this week, closing Friday on top amidst the Federal Reserve’s decision to reduce borrowing costs, making the week Wall Street’s best all year.
The Canadian dollar traded for 0.718 cents US compared to 72.14 cents US on Thursday.
U.S. crude futures traded at US$70.38 per barrel, down 2.60 per cent from the previous day, while the Brent contract was down 2.26 per cent to US$73.92 a barrel.
The price of gold was down 20 per cent to US$2,686.00 per ounce.
In world markets, the Nikkei was up 118.96 points to 39,500.37, the Hang Seng was down 1.07 per cent to 20,728.19, the FTSE was down 0.84 per cent to 8,072.39, and the DAX was down 0.76 per cent to 19,215.48.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top image generated with AI)