Despite mining, healthcare, and tech losses, Canada’s main stock index reached a new high on Friday. Industrials was the top gainer on the TSX. Retail sales rose 0.4 per cent to C$66.9 billion in September. Sales rose in six out of nine subsectors and were led by increases at food and beverage retailers.
US stock averages recorded weekly increases, with the Dow Jones leading the way with a rise of nearly 2 per cent on the week. This marks a shift from the previous week, when Wall Street’s rally following the election came to a halt. Market movements were largely influenced by earnings reports.
| TSX | 25,444.28 | +53.60 |  |
| TSXV | 606.17 | +7.06 | |
| CSE | 138.03 | -1.39 |  |
| DJIA | 44,296.51 | +426.16 | |
| NASDAQ | 19,003.65 | +31.23 | |
| S&P 500 | 5,968.79 | +20.08 | |
The Canadian dollar traded for 71.51 cents US compared to 71.58 cents US on Thursday.
US crude futures traded US$1.04 higher at US$71.14 a barrel, and the Brent contract added US$0.80 to US$75.03 a barrel.
The price of gold was up US$33.88 to US$2,706.62.
In world markets, the Nikkei was up 257.68 points to 38,283.85, the Hang Seng was down 371.14 points to 19,229.97, the FTSE was up 112.81 points to 8,262.08, and the DAX was up 159.62 points to 19,305.79.