Canada’s TSX index ended Friday with a gain, pushing it into positive territory for the week after a slow start, thanks to concerted efforts from telecom, industrial and technology stocks. Top gainers include Hut 8 (10.58%), PetroTal (6.66%) and Nutrien (3.6%).
U.S. stocks managed to recover from recent weakness, mostly thanks to mega-cap names like NVIDIA (4.45%) and Tesla (8.22%), though they still saddled investors with a weekly loss. Other top gainers include Cerence (143.7%), Rivian Automotive (24.45%) and Palantir Technologies (6.3%). The S&P 500 fell for the third week out of the past four.
The Canadian dollar traded for 69.24 cents U.S. compared to 69.36 cents U.S. on Thursday.
U.S. crude futures traded US$0.94 higher to US$74.07 per barrel, and the Brent contract added US$0.10 to US$76.61 per barrel.
The price of gold was down by US$14.30 to US$2,654.70 per ounce.
In world markets, the Nikkei was down by 386.62 points to 39,894.54, the Hang Seng was up by 136.95 points to 19,760.27, the FTSE was down by 36.11 points to 8,223.98, and the DAX was down by 118.58 points to 19,906.08.
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(Top image, generated by AI: Adobe Stock)