Canada’s main stock index rose on Friday, buoyed by a weaker-than-expected US inflation report that reinforced expectations for interest rate cuts by the Federal Reserve. Investors appeared unfazed by President Donald Trump’s announcement that he was halting trade talks with Canada.
US equities traded near record levels, driven by cooling inflation data that bolstered investor confidence in the Federal Reserve’s continued path of rate reductions—supporting economic growth and higher stock valuations.
| TSX | 30,353.07 | +166.79 |  |
| TSXV | 963.72 | -0.51 |  |
| CSE | 177.21 | +1.94 | |
| DJIA | 47,207.12 | +472.51 | |
| NASDAQ | 23,204.87 | +263.07 | |
| S&P 500 | 6,791.69 | +53.25 | |
The Canadian dollar traded for 71.43 cents US compared to 71.47 cents US on Thursday.
US crude futures traded $0.38 lower at US$61.41 a barrel, and the Brent contract lost $0.17 to US$65.82 a barrel.
The price of gold was down US$20.03 to US$4,109.22.
In world markets, the Nikkei was up 658.04 points to ¥49,299.65, the Hang Seng was up 192.17 points to HK$26,160.15, the FTSE was up 60.88 points to ₤9,639.45, and the DAX was up 32.10 points to €24,239.89.
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