Happy investors on a trading floor
(Source: Adobe Stock. Generated by AI)

Canada’s main stock index rose on Friday, with industrial and technology stocks leading the TSX to a new record high. Investors have been gaining confidence in the economy and reacquainting themselves with risk-on sentiment following the U.S. election earlier this month.

The S&P 500 and the Dow Jones Industrial closed on new record highs during the shortened Black Friday session thanks to a boost from technology stocks and retailers like Target, Macy’s, Amazon and Apple set to benefit from the upcoming holiday season.

TSX25,648+104.48TSX
TSXV614.26+6.57TSXV
CSE141.44-0.11CSE
DJIA44,910.65+188.59DJIA
NASDAQ19,218.166+157.69NASDAQ
S&P 5006,032.38+33.64S&P 500

The Canadian dollar traded for 71.39 cents U.S. compared to 71.29 cents U.S. on Thursday.

U.S. crude futures traded US$0.57 lower to US$68.15 per barrel, and the Brent contract rose US$0.25 to US$72.09 per barrel.

The price of gold was up US$9.10 to US$2,673.90.

In world markets, the Nikkei was down by 141.03 points to 38,208.03, the Hang Seng was up by 56.65 points to 19,423.61, the FTSE was up by 6.08 points to 8,287.30, and the DAX was up by 200.72 points to 19,626.45.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image, generated by AI: Adobe Stock)


More From The Market Online
Canadian flag, medical equipment and stock chart

The top 10 Canadian medical stocks

The Canadian medical industry powers numerous high-potential stocks whose products and services lie at the foundation of human life.
Quantum computer

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal

Cybersecurity stock Quantum eMotion (TSXV:QNC) takes a major step in the go-to-market strategy for its Sentry-Q platform.
An AI generated photo of a stethoscope on a computerized setting

How one company is disrupting PoC testing

When it comes to Gemina Laboratories Ltd. (CSE:GLAB), the Canada and U.K.-based company is progressing a range of PoC diagnostic technologies.
AI generated stock image

Investing in Canadian medical stocks under $10

Healthcare stocks in Canada are publicly traded companies that operate in various sectors of the healthcare industry.