Market attention continued to focus Friday on U.S. President Donald Trump’s health-care bill.
The House of Representatives was expected to vote today on Trump’s plan to replace the Affordable Care Act (known as Obamacare. A vote was planned for Thursday, but got delayed.
Investors are watching developments closely because if the legislation doesn’t gain enough support, it could weaken confidence in Trump’s ability to deliver on his promise of market-friendly tax cuts and infrastructure spending.
As the clock ticked down towards Friday’s vote, U.S. stock market indexes up slightly, but still headed for the worst weekly performance in months.
Canada’s main stock index rose in morning trading Friday, buoyed by a higher oil price
On the TSX, active stocks included
Manulife Financial Corp. (
TSX: T.MFC,
NYSE: MFC,
Forum), which rose 1.3% to $23.53.