Canada’s main stock index faced challenges on Friday as commodity prices declined and investors considered mixed signals from US-China trade discussions, despite Beijing showing potential flexibility. The utilities and tech sectors led the gains on the TSX.
Wall Street markets pushed their win streak to four days, despite President Donald Trump’s comments in Time magazine that would consider it a “total victory” if the US has high tariffs of 20 per cent to 50 per cent on foreign countries a year from now.
The Canadian dollar traded for 72.11 cents US compared to 72.17 cents US on Thursday.
US crude futures traded $0.19 higher at US$62.98 a barrel, and the Brent contract rose $0.24 to US$66.78 a barrel.
The price of gold was down US$43.63 to US$3,291.51.
In world markets, the Nikkei was up 666.59 points to ¥35,705.74, the Hang Seng was up 70.98 points to HK$21,980.74, the FTSE was up 7.81 points to ₤8,415.25, and the DAX was up 177.94 points to €22,242.45.
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(Top image generated with AI.)