Stock market roller coaster. (Source: Adobe Stock. Generated by AI)

A day after a near 800-point drop, The TSX advanced on Friday, with investors assessing softer-than-expected US inflation data. Both Canadian and US markets will be closed Monday for Family Day and Presidents’ Day, respectively.

US markets were split after a soft performance in the prior session, as traders took stock of a key consumer inflation report that came in slightly lighter than expected. The Dow is below 50,000.

TSX33,073.71+608.43TSX
TSXV991.99+8.78TSXV
CSE163.27+1.45CSE
DJIA49,500.93+48.95DJIA
NASDAQ22,546.67-50.48NASDAQ
S&P 5006,836.17+3.41S&P 500

The Canadian dollar traded for 73.42 cents US compared to 73.45 cents US on Thursday.

US crude futures traded US$0.01 lower at US$62.83 a barrel, and the Brent contract rose US$0.12 to US$67.64 a barrel.

The price of gold was up US$105.96 to US$5,032.93.

In world markets, the Nikkei was down 697.87 points to ¥56,941.97, the Hang Seng was down 465.42 points to HK$26,567.12, the FTSE was up 43.91 points to ₤10,446.35, and the DAX was up 62.19 points to €24,914.88.


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