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Canadian markets opened flat on Friday as a fall in shares of cannabis producers weighed on the health-care ...

Canadian markets opened flat on Friday as a fall in shares of cannabis producers weighed on the health-care sector and offset gains in energy stocks.

The S&P/TSX Composite Index eked up 7.53 points to begin the week’s last session at 16,009.24

The Canadian dollar dipped 0.2 cents to 76.74 cents.

Prime Minister Justin Trudeau said on Thursday he wanted a good North American Free Trade Agreement as soon as possible, but did not answer directly when asked if he agreed with Washington that the end of September was the final deadline for talks.

Lundin Mining is searching for copper mines and projects and willing to spend up to $3 billion on mergers and acquisitions, its incoming chief executive officer said in an interview on Thursday.

Lundin shares ditched three cents to $6.43.

Canaccord Genuity cut the target price on Altagas to $24.00 from $26.00. Altagas shares lost seven cents to $23.41.

Barclays cut the target price on Dollarama to $44.00 from $53.00. Dollarama shares, which took a beating Thursday, continued its bruising Friday, falling $1.44, or 3.3%, to $41.68.

National Bank of Canada cut the rating on Transat AT to sector perform from outperform. Transat shares docked a penny to $8.24.

ON BAYSTREET

The TSX Venture Exchange lost 5.54 points to 708.78

Seven of the 12 subgroups were lower in the first hour of trading, as consumer staples let go of 0.5%, while consumer discretionary and utility stocks each slid 0.3%.

The five gainers were co-led by energy and information technology stocks, each soaring 0.5%, while financials prospered but 0.1%.

ON WALLSTREET

Stocks fought their way slightly higher on Friday, led by gains in semiconductor shares.

The Dow Jones Industrial Average raised itself 12.22 points to 26,158.21, as Boeing and Goldman Sachs outperformed.

The S&P 500 fell 0.35 points to 2,903.83, led by techs and financials. The index was on track to post its fifth straight day of gains as well as notch solid weekly gains. Entering Friday's session, the broad index was up 1.1% for the week.

The NASDAQ pointed higher 7.96 points to 8,021.67

Shares of Nvidia gained more than 1%. Nvidia shares rose after Needham hiked its price target on them, noting the company's "dominance" in machine learning gives the stock more upside. Advanced Micro Devices also rose 2.4%.

Financials also rose as J.P. Morgan Chase and Bank of America both climbed about half a percent, while Morgan Stanley improved 1.5% and Goldman Sachs hiked 0.9%.

Sources told the media on Wednesday that the U.S. was in the early stages of proposing a new round of trade talks with China in the near future.

This comes after a week of turmoil between the two nations, which saw China looking to seek permission from the World Trade Organization to inflict sanctions upon the U.S., and President Donald Trump stating last week that he was "ready to go" on hitting China with an additional amount of tariffs.

Shares of Boeing were up 1.8%, and Caterpillar improved 3% this week. Both are considered bellwethers for global trade.

Prices for the benchmark for the 10-year U.S. Treasury sagged, raising yields to 2.99% from Thursday’s 2.97%. Treasury prices and yields move in opposite directions.

Oil prices faded 24 cents to $68.35 U.S. a barrel.

Gold prices slid $1.40 to $1,206.80