Canada’s main stock index wrapped up the week on an upbeat note after data showed monthly domestic retail sales fell in November, even losses in miners and financial stocks couldn’t weighed down the market and those losses turned to gains. The battery metals and industrial sectors were some of the best performers on Friday.
U.S. stock markets were also higher as technology stocks rose for modest gains, but investors continue to sift through economic data and corporate earnings reports to grasp the health of the economy.
Today in the Markets
The Canadian dollar traded for 74.72 cents US, compared to 74.32 cents US on Thursday.
US crude futures traded $1.07 higher at $81.40 a barrel, and the Brent contract gained $1.55 to $87.71 a barrel.
The price of gold was down US$4.69 to US$1,927.33.
In world markets, the Nikkei was up 148.30 points to 26,553.53, the Hang Seng was up 393.67 points to 22,044.65, the FTSE was up 20.35 points to 7,767.64, and the DAX was up 113.20 points to 15,033.56.
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