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After closing at its highest level in five months in the previous session, Canada’s main stock index climbed on Thursday. The financial and tech sectors led the way, while metals and mining dug itself lower.

Investor sentiment was also boosted by optimism that the U.S. Federal Reserve would soften its monetary tightening trajectory. U.S. markets are closed for Thanksgiving and will be open for just a half day on Black Friday. Meanwhile, traders have been busy keeping track of new economic data, with reads on the labour market, housing market, and manufacturing sector.

Today in the Markets

TSX 20,344.07 +61.81 TSX
TSXV 581.32 +4.57 TSXV
CSE 281.28 +0.71 TSXV
DJIA 34,202.00 +62.00 DJIA
NASDAQ 11,847.75 +93.25 NASDAQ
S&P 500 4,029.75 +19.50 S&P 500

The Canadian dollar traded for 74.97 cents US, compared to 74.88 cents US on Wednesday.

US crude futures traded $0.02 higher at $77.96 a barrel, while the Brent contract lost $0.07 to $85.34 a barrel.

The price of gold was up US$2.97 to US$1,755.20.

In world markets, the Nikkei was up 267.35 points to 28,383.09, the Hang Seng was up 137.09 points to 17,660.90, the FTSE was up 1.36 point to 7,466.60, and the DAX was up 111.97 points to 14,539.56.

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