Despite mining and energy sector gains, Canada’s main stock index continued its downward slide on Friday. Industrials led the losers on the TSX, followed by the financial and tech markets.
It was a slightly better story south of the border where traders looked to end a volatile week on a high note. The Nasdaq hit a new all-time high on success among mega-cap tech stocks.
The Canadian dollar traded for 72.04 cents U.S. compared with 72.18 cents U.S. on Thursday.
U.S. crude futures traded $1.61 higher at $71.80 a barrel, and the Brent contract rose $1.66 to $76.04 a barrel.
The price of gold was up US$7.41 to US$2,741.84.
In world markets, the Nikkei was down 229.37 points to 37,913.92, the Hang Seng was up 100.53 points to 20,590.15, the FTSE was up 20.54 points to 8,248.84, and the DAX was up 20.59 points to 19,463.59.
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(Top image generated with AI)