After reaching record highs in the previous session, Canada’s main stock index continued its upward momentum on Friday, supported by rising gold prices as worries increased over a possible conflict between the United States and Iran.
US markets also gained after the Supreme Court overturned President Donald Trump’s broad tariff measures, easing investor concerns following weaker-than-anticipated economic data earlier in the day. The nation’s highest court ruled against Trump’s use of global tariffs that were implemented under a federal statute intended for national emergency situations. In reaction, Trump announced he will impose a 10 per cent global tariff on top of the levies already in place.
| TSX | 33,817.51 | +222.53 | |
| TSXV | 1,042.56 | +25.20 | |
| CSE | 165.59 | -2.56 | |
| DJIA | 49,625.97 | +230.81 | |
| NASDAQ | 22,886.07 | +203.34 | |
| S&P 500 | 6,909.51 | +47.62 | |
The Canadian dollar traded for 73.09 cents US compared to 73.00 cents US on Thursday.
US crude futures traded $0.06 higher at US$66.49 a barrel, but the Brent contract lost $0.08 to US$71.58 a barrel.
The price of gold was up US$106.79 to US$5,085.34.
In world markets, the Nikkei was down 642.13 points to ¥56,825.70, the Hang Seng was down 292.59 points to HK$26,413.35, the FTSE was up 59.85 points to ₤10,686.89, and the DAX was up 217.12 points to €25,260.69.
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