Despite a series of ups and downs, Canada’s main stock index finished the week higher than where it began on Friday, thanks to a surge among tech shares. Oil prices fluctuated high amid uncertainty surrounding a possible breakthrough in US–Iran negotiations, continuing to raise concerns about inflation.
US markets also advanced, with Wall Street closing out a positive week despite notable volatility. The broader index has risen more than 1 per cent so far this week, even with increased market swings, putting it on pace for an eighth consecutive weekly gain. If achieved, this would mark the longest winning streak since a nine-week run that concluded in late 2023. US markets will be closed on Monday for Memorial Day.
| TSX | 34,471.36 | +61.87 |  |
| TSXV | 973.47 | -4.50 |  |
| CSE | 173.56 | -1.82 | |
| DJIA | 50,579.70 | +294.04 | |
| NASDAQ | 26,343.97 | +50.87 | |
| S&P 500 | 7,473.47 | +27.75 | |
The Canadian dollar traded for 72.39 cents US compared to 72.58 cents US on Thursday.
US crude futures traded $0.02 lower at US$96.33 a barrel, but the Brent contract rose $0.35 to US$102.90 a barrel.
The price of gold was down US$21.53 to US$4,519.66.
In world markets, the Nikkei was up 1,654.93 points to ¥63,339.07, the Hang Seng was up 219.51 points to HK$25,606.03, the FTSE was up 22.79 points to ₤10,466.26, and the DAX was up 321.62 points to €24,928.39.
