Canada’s main stock index ended Friday with a steep decline, as a jump in oil prices triggered by the conflict in the Middle East heightened concerns about rising inflation. The CSE made its money back from yesterday.
US markets also slid, extending their losses for the week, after oil prices surged and traders digested a surprising downturn in employment data. Nonfarm payrolls dropped by 92,000 in February—well below the revised January increase of 126,000 and far short of the 50,000-job gain economists had anticipated. The unemployment rate also ticked up to 4.4 per cent from 4.3 per cent.
| TSX | 33,083.72 | -526.25 |  |
| TSXV | 1,057.04 | -3.12 | |
| CSE | 178.51 | +5.89 |  |
| DJIA | 47,501.55 | -453.19 | |
| NASDAQ | 22,387.68 | -361.31 | |
| S&P 500 | 6,740.02 | -90.69 | |
The Canadian dollar traded for 73.69 cents US compared to 73.04 cents US on Thursday.
US crude futures traded US$10.46 higher at US$91.47 a barrel, and the Brent contract rose US$7.53 to US$92.94 a barrel.
The price of gold was up US$97.13 to US$5,168.36.
In world markets, the Nikkei was up 342.78 points to ¥55,620.84, the Hang Seng was up 435.95 points to HK$25,757.29, the FTSE was down 129.19 points to ₤10,284.75, and the DAX was down 224.72 points to €23,591.03.
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