Despite mining gains and retail sales data that showed a 2.2 per cent gain in May, Canada’s main stock index closed in the red on Friday. The utilities and telecom sectors moved higher.
The S&P 500 and the Nasdaq also closed lower as social media and ad tech firms led declines following bleak quarterly revenues from Twitter and Snap, while an upbeat forecast from American Express couldn’t give the Dow a boost.
Today in the Markets
| TSX | 18,982.92 | -79.93 |  |
| TSXV | 607.79 | -8.28 | |
| CSE | 292.47 | +0.09 |  |
| DJIA | 31,899.29 | -137.61 | |
| NASDAQ | 11,834.11 | -225.50 | |
| S&P 500 | 3,961.67 | -37.28 | |
The Canadian dollar traded for 77.39 cents US compared to 77.59 cents US on Thursday.
US crude futures traded 1.65 per cent lower at $94.76 a barrel, while the Brent contract lost 0.52 of a per cent to $103.30 a barrel.
The price of gold was up US$3.85 to US$1,722.85.
In world markets, the Nikkei was up 111.66 to 27,914.66, the Hang Seng was up 34.51 points to 20,609.14, the FTSE was up 5.86 points to 7,276.37, and the DAX was up 7.04 points to 13,253.68.
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