Stock market roller coaster. (Source: Adobe Stock. Generated by AI)

A day after a near 800-point drop, The TSX advanced on Friday, with investors assessing softer-than-expected US inflation data. Both Canadian and US markets will be closed Monday for Family Day and Presidents’ Day, respectively.

US markets were split after a soft performance in the prior session, as traders took stock of a key consumer inflation report that came in slightly lighter than expected. The Dow is below 50,000.

TSX33,073.71+608.43TSX
TSXV991.99+8.78TSXV
CSE163.27+1.45CSE
DJIA49,500.93+48.95DJIA
NASDAQ22,546.67-50.48NASDAQ
S&P 5006,836.17+3.41S&P 500

The Canadian dollar traded for 73.42 cents US compared to 73.45 cents US on Thursday.

US crude futures traded US$0.01 lower at US$62.83 a barrel, and the Brent contract rose US$0.12 to US$67.64 a barrel.

The price of gold was up US$105.96 to US$5,032.93.

In world markets, the Nikkei was down 697.87 points to ¥56,941.97, the Hang Seng was down 465.42 points to HK$26,567.12, the FTSE was up 43.91 points to ₤10,446.35, and the DAX was up 62.19 points to €24,914.88.


Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.


More From The Market Online

Datametrex AI secures Fortune 500 technology order

Datametrex AI (TSXV:DM) booked a C$500,000 data centre technology order from a Fortune 500 client in South Korea.
Solar panels

Rising with the sun: Why solar power still shines for investors

Northland Power (TSX:NPI) remains a player in utility scale solar, supported by contracts, renewable assets, and a multi-gigawatt pipeline.

Market Open: Air Canada Profit Climbs, Enbridge Beats Q4 Forecasts | Feb 13th

TSX falls sharply as tech and metals sink. Air Canada posts higher Q4 profit and Enbridge beats forecasts. Gold rebounds, oil ticks higher, Bitcoin…
AI generated stock image

@ the Bell: Sagging commodities weigh on TSX

Commodity prices fell on Thursday, weighing heavily on the resource-focused TSX. Meanwhile, the US House of...