Gains in the technology and financial sectors couldn’t provide enough upward momentum for Canada’s main stock index to end the week. Mining, health care and energy ended lower.
US markets were in the red on Friday as traders looked over economic data and await a potential 50-basis point interest rate hike by the Federal Reserve at its policy meeting next week.
Today in the Markets
The Canadian dollar traded for 73.35 cents US, compared to 73.60 cents US on Thursday.
US crude futures traded $0.15 higher at $71.61 a barrel, while the Brent contract gained $0.61 to $76.78 a barrel.
The price of gold was up US$7.47 to US$1,796.71.
In world markets, the Nikkei was up 326.58 points to 27,901.01, the Hang Seng was up 450.64 points to 19,900.87, the FTSE was up 4.46 points to 7,476.63, and the DAX was up 106.16 points to 14,370.72.
Get @ the Bell delivered to your email inbox every day!
DISCLAIMER: By viewing any material on or distributed by The Market Herald Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.
Any holdings, theories, speculation or trades appearing anywhere on The Market Herald network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. The Market Herald and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by The Market Herald and other Information Providers on an “as is” basis, and The Market Herald and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall The Market Herald and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.