Yahoo Finance 
Stocks Gain to Start Friday
Equities in Canada’s largest centre began Friday slightly higher, helped by health-care and utilities stocks, and after data showed lower-than-expected U.S. jobs and wages growth in April.
The S&P/TSX Composite Index gained 34.78 points to begin the week’s last session at 15,621.47
The Canadian dollar docked 0.25 cents to 77.56 cents U.S.
Enbridge has agreed to pay $1.86 million in penalties for an alleged failure in inspecting certain lines within its Lakehead pipeline system.
Enbridge shares gained 33 cents to $40.08.
RBC raised the target price on Baytex Energy to $6.00 from $5.00. Baytex shares dropped 22 cents, or 3.8%, to $5.52.
National Bank of Canada raised the target price on Imperial Oil to $40 from $38. Imperial shares gained five cents to $39.48.
CIBC raised the rating on Manulife Financial to outperform from neutral. Manulife improved 16 cents to $23.93.
On the economic front, Western University’s IVEY School’s Purchasing Manager's Index (seasonally adjusted) for April stands at 71.5, indicating that purchases were greater than the previous month. That compares with 59.8 in March, and with 62.4 in April
ON BAYSTREET
The TSX Venture Exchange were negative 0.17 points to 771.08
All but three of the 12 TSX subgroups were positive, as health-care, utilities, and real-estate were each up 0.4%
The three laggards were energy, down 0.2%, information technology, down 0.1%, and consumer staples, off 0.03%.
ON WALLSTREET
U.S. stocks shrugged off early losses Friday, paring back much of their decline immediately after the government's monthly jobs report missed Wall Street expectations.
The Dow Jones Industrial Average gained 45.13 points to 23,975.28
The S&P 500 added 4.23 points to 2,633.96, as a decline in interest rates pulled financial and banking stocks down; shares of both J.P. Morgan and Morgan Stanley both fell roughly 0.5%.
The NASDAQ regrouped 33.03 points to 7,121.18, thanks to a 2.3% rally in shares of Apple, which jumped higher after famed investor Warren Buffett revealed that he purchased 75 million shares during the first quarter.
Despite anemic numbers early Friday, Apple jumped sharply after the Buffett buy, which added to the conglomerate's already massive stake in the tech giant, "brought down our cash position moderately."
The technology company has been trying to cope with softer iPhone sales, a key product for the Cupertino, California firm. In its earnings report this week, iPhone sales were still up from a year ago, and Apple CEO Tim Cook said in a statement that customers "chose iPhone X more than any other iPhone each week in the March quarter."
Economically speaking, the U.S. Labor Department reported that the economy added 164,000 jobs in the month of April, lower than the 195,000 expected by economists. Average hourly earnings growth also missed, rising only 0.15% against expectations of a 0.2% gain.
Despite the miss in the number of jobs added, the government said the unemployment rate fell to 3.9%, an 18-year low.
Prices for the benchmark 10-year Treasury note gained ground lowering yields to 2.94% from Thursday’s 2.95%. Treasury prices and yields move in opposite directions.
Oil prices picked up 28 cents a barrel to $68.71 U.S.
Gold prices deducted $1.80 to $1,310.90 U.S. an ounce.
