Computer screen showing stock markets up using AI
(Source: Shutterstock)

After a few lacklustre sessions, Canada’s main stock index joined markets across the globe in a higher trading day on Friday.

Markets were boosted by trader optimism after the United States passed a bill to lift its debt ceiling. US markets also rose as investors took stock of the May jobs report and supported lawmakers passing a debt ceiling bill that averts a default. The major averages were higher for the week.

TSX20,024.63+352.38TSX
TSXV609.08+3.07TSXV
CSE159.78+0.71TSXV
DJIA33,762.76+701.19DJIA
NASDAQ14,546.64+105.13NASDAQ
S&P 5004,284.82+63.80S&P 500

The Canadian dollar traded for 74.46 cents US, compared to 74.33 cents US on Thursday.

US crude futures traded $1.93 higher at $72.03 a barrel, and the Brent contract added $2.15 to $76.43 a barrel.

The price of gold was down US$27.99 to US$1,978.09.

In world markets, the Nikkei was up 376.21 points to 31,524.22, the Hang Seng was up 733.03 points to 18,949.94, the FTSE was up 122.62 points to 7,972.39, and the DAX was up 197.57 points to 16,051.23.

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

More From The Market Online
Jason Kelce and the Hatchimals Alive Mystery Hatch toy

Spin Master and Jason Kelce partner on new Hatchimals release

Spin Master (TSX:TOY) and Jason Kelce debut the newest member of the Hatchimals toy family, the Hatchimals Alive Mystery Hatch.
ARHT Media's Capsule product

ARHT Media files for bankruptcy

ARHT Media (TSXV:ART), a holographic technology provider, initiates bankruptcy proceedings under the Bankruptcy and Insolvency Act.
Image generated with AI

@ the Bell: TSX surges to end the week

After several muted trading days, Canada’s main stock index rallied on Friday thanks to a surge among heavyweight markets.
Kootenay Silver - Columba Silver Project, Mexico (2020).

A Mexican silver stock primed for explosive growth

With silver at an inflection point, undervalued Mexican silver stock Kootenay Silver is poised to capitalize on the imminent bull run.