Source: CBC

The TSX climbed on Friday with the energy market leading the way tracking higher crude oil prices. The mining sector was a close second. Asian markets were down while Euro markets ended higher.

Investors assessed a crucial U.S. jobs data reading to gauge the Federal Reserve’s interest rate trajectory. November’s non-farm payrolls report showed an unexpected drop in the unemployment rate, which fell to 3.7 per cent from 3.9 per cent the month before. The U.S. economy added 199,000 jobs.

S&P 5004,605.38+19.79S&P 500

The Canadian dollar traded for 73.61 cents U.S. compared to 73.55 cents U.S. on Thursday.

U.S. crude futures traded $2.01 higher at $71.35 a barrel, and the Brent contract added $1.89 to $75.94 a barrel.

The price of gold was down US$25.10 to US$2,002.80.

In world markets, the Nikkei was down 550.45 points to 32,307.86, the Hang Seng was down 11.52 points to 16,334.37, the FTSE was up 40.75 points to 7,554.47, and the DAX was up 130.23 points to 16,759.22.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

More From The Market Online

Plunging microcap stock American Lithium triples project’s value

American Lithium (TSXV:LI) has released a technical report on the preliminary economic assessment for its Falchani lithium project in Peru.

Rome Resources to begin drilling at Bisie North Tin Project

Rome Resources (TSXV:RMR) is set to begin extension drilling at its Bisie North Tin Project in the eastern Democratic Republic of the Congo.

Ivanhoe Mines stock dips despite record-breaking performance

Ivanhoe Mines (TSX:IVN) opened lower after reporting its Q4 and full-year 2023 financial results below analyst estimates.