Following a tumultuous trading week marked by the resignation of Finance Minister Chrystia Freeland, Canada’s TSX index added almost 200 points on Friday thanks to gains across industries, with notable contributions from BlackBerry (23.13 per cent), First Quantum Minerals (8.04 per cent) and Superior Plus (2.88 per cent).
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In the U.S., the Dow bounced back after falling into its worst losing streak since the 1970s earlier this week. The Nasdaq and the S&P 500 were also up, with markets likely responding to November’s personal consumption numbers coming in lower than expected, supporting the notion that inflation is easing.
| TSX | 24,599.48 | +185.54 |  |
| TSXV | 586.77 | +4.18 | |
| CSE | 130.58 | +3.2 | |
| DJIA | 42,840.26 | +498.02 | |
| NASDAQ | 19,572.597 | +199.829 | |
| S&P 500 | 5,930.85 | +63.77 | |
The Canadian dollar traded for 69.61 cents U.S. compared to 69.50 cents U.S. on Thursday.
U.S. crude futures traded US$0.09 higher to US$69.47 per barrel, and the Brent contract fell by US$0.02 to US$72.92 per barrel.
The price of gold was up by US$31.90 to US$2,640 per ounce.
In world markets, the Nikkei was down by 111.68 points to 38,701.90, the Hang Seng was down by 31.81 points to 19,720.70, the FTSE was down by 20.71 points to 8,084.61, and the DAX was down by 85.11 points to 19,884.75.
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(Top image, generated by AI: Adobe Stock)
