Canada’s main stock index had dropped to its lowest point in over a month on Friday, before flattening out by close. Investors weighed strong domestic employment figures against waning momentum in stocks tied to artificial intelligence.
In the US, major stock benchmarks were divided as technology shares continued to struggle. Leading AI companies lost steam, dragging down the wider market. The sell-off was further intensified by data showing October job cuts reached their highest level for that month in more than 20 years, making 2025 the worst year for layoffs since 2009.
| TSX | 29,912.19 | +43.60 |  |
| TSXV | 885.31 | +9.42 | |
| CSE | 163.51 | +3.34 | |
| DJIA | 46,987.10 | +74.80 | |
| NASDAQ | 23,004.54 | -49.46 |  |
| S&P 500 | 6,728.80 | +8.46 | |
The Canadian dollar traded for 71.26 cents US compared to 70.84 cents US on Thursday.
US crude futures traded $0.44 higher at US$59.87 a barrel, and the Brent contract rose $0.37 to US$63.75 a barrel.
The price of gold was up US$18.26 to US$4,001.26.
In world markets, the Nikkei was down 607.31 points to ¥50,276.37, the Hang Seng was down 244.07 points to HK$26,241.83, the FTSE was down 53.21 points to ₤9,682.57, and the DAX was down 164.06 points to €23,569.96.
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