Canada’s main stock index dipped on Friday as investors took a breather following two weeks of record-breaking gains, shifting their attention to a possible interest rate cut by the Bank of Canada next week. Industrials led the drop on the TSX.
In the US, markets also slipped modestly after reaching new highs, as signs of a cooling job market and subdued inflation led investors to anticipate a rate cut by the Federal Reserve next week. Meanwhile, Japan’s Nikkei notched its second consecutive record high.
| TSX | 29,283.82 | -124.07 |  |
| TSXV | 879.67 | +3.90 |  |
| CSE | 153.81 | -0.59 | |
| DJIA | 45,834.22 | -273.78 | |
| NASDAQ | 22,141.10 | +98.03 | |
| S&P 500 | 6,584.29 | -3.18 | |
The Canadian dollar traded for 72.16 cents US compared to 72.29 cents US on Thursday.
US crude futures traded $0.53 higher at US$62.90 a barrel, and the Brent contract rose $0.79 to US$67.16 a barrel.
The price of gold was up US$13.15 to US$3,647.80.
In world markets, the Nikkei was up 395.62 points to ¥44,768.12, the Hang Seng was up 301.84 points to HK$26,388.16, the FTSE was down 14.29 points to ₤9,283.29, and the DAX was down 5.50 points to €23,698.15.
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