Canada’s main stock index scored its latest all-time record high on Friday, driven by gains in the materials sector. Investor optimism about a potential interest rate cut by the Federal Reserve in the near future helped offset worries about the US government shutdown.
Meanwhile, the Dow and S&P reached new highs as Wall Street looked set to close the week with solid gains, despite the ongoing government shutdown. The shutdown has caused a halt in the release of key economic data, including the September non-farm payrolls report, which was delayed due to the Labor Department suspending most of its operations.
| TSX | 30,471.68 | +311.09 |  |
| TSXV | 964.04 | +8.95 | |
| CSE | 180.03 | +0.44 | |
| DJIA | 46,758.28 | +238.56 | |
| NASDAQ | 22,780.51 | -63.54 |  |
| S&P 500 | 6,715.79 | +0.44 | |
The Canadian dollar traded for 71.67 cents US compared to 71.60 cents US on Thursday.
US crude futures traded $0.31 higher at US$60.79 a barrel, and the Brent contract rose $0.36 to US$64.47 a barrel.
The price of gold was up US$39.32 to US$3,883.93.
In world markets, the Nikkei was up 832.77 points to ¥45,769.50, the Hang Seng was down 146.20 points to HK$27,140.92, the FTSE was up 63.52 points to ₤9,491.25, and the DAX was down 43.76 points to €24,378.80.
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