After a few lacklustre sessions, Canada’s main stock index joined markets across the globe in a higher trading day on Friday.
Markets were boosted by trader optimism after the United States passed a bill to lift its debt ceiling. US markets also rose as investors took stock of the May jobs report and supported lawmakers passing a debt ceiling bill that averts a default. The major averages were higher for the week.
The Canadian dollar traded for 74.46 cents US, compared to 74.33 cents US on Thursday.
US crude futures traded $1.93 higher at $72.03 a barrel, and the Brent contract added $2.15 to $76.43 a barrel.
The price of gold was down US$27.99 to US$1,978.09.
In world markets, the Nikkei was up 376.21 points to 31,524.22, the Hang Seng was up 733.03 points to 18,949.94, the FTSE was up 122.62 points to 7,972.39, and the DAX was up 197.57 points to 16,051.23.
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