Canada markets closed
  • S&P/TSX

    21,357.56
    +64.60 (+0.30%)
     
  • S&P 500

    4,662.85
    +3.82 (+0.08%)
     
  • DOW

    35,911.81
    -201.81 (-0.56%)
     
  • CAD/USD

    0.7967
    -0.0027 (-0.34%)
     
  • CRUDE OIL

    84.27
    +2.15 (+2.62%)
     
  • BTC-CAD

    54,132.51
    -299.97 (-0.55%)
     
  • CMC Crypto 200

    1,037.76
    +12.02 (+1.17%)
     
  • GOLD FUTURES

    1,817.30
    -4.10 (-0.23%)
     
  • RUSSELL 2000

    2,162.46
    +3.02 (+0.14%)
     
  • 10-Yr Bond

    1.7720
    +0.0610 (+3.57%)
     
  • NASDAQ

    14,893.75
    +86.94 (+0.59%)
     
  • VOLATILITY

    19.19
    -1.12 (-5.51%)
     
  • FTSE

    7,542.95
    -20.90 (-0.28%)
     
  • NIKKEI 225

    28,124.28
    -364.85 (-1.28%)
     
  • CAD/EUR

    0.6975
    +0.0003 (+0.04%)
     

Stocks Set for Gains

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Stocks in Canada’s largest centre opened higher on Friday, aided by gains in health-care and technology stocks, en route to its second straight weekly rise.

The S&P/TSX Composite advanced 66.33 points in Friday’s first hour to 21,648.31

The Canadian dollar regained 0.02 cents at 79.45 cents U.S.

SNC-Lavalin Group's chief executive officer has postponed an almost entirely English-language speech scheduled for next week in Montreal as French-language skills of Quebec's non-francophone business executives come under scrutiny.

ATB Capital Markets raised the price target on Ag Growth International to $54.00 from $52.00. Ag Growth picked up 24 cents to $33.22.

National Bank of Canada cuts price target on Canadian Tire to $221.00 from $225.00. Canadian Tire shares sagged $1.62 to $178.85.

Scotiabank raised the target price on Power Corporation of Canada to $49.00 from $48.00. Power shares were static at $42.60.

ON BAYSTREET

The TSX Venture Exchange pulled ahead 10.05 points to 1,015.92.

Eight of the 12 TSX subgroups began the session in plus country, with health-care haler 2.8%, information technology clicking 1.6% higher, and consumer discretionary stocks up 0.9%.

The four laggards were weighed most by energy and utilities, each down 0.2%, and gold, off 0.03%.

ON WALLSTREET

Stocks moved slightly higher Friday, but are on pace to snap a five-week winning streak after a hotter-than-expected inflation reading came out Wednesday.

The Dow Jones Industrials captured 31.9 points to open Friday at 35,953.13,

Read:

The S&P 500 crept up 5.45 points to 4,654.29.

The NASDAQ Composite jumped 39.13 points to 15,704.28.

The Dow and the S&P 500 are both down nearly 1%, while the NASDAQ is about 1.4% lower.


Dow component Johnson & Johnson saw its shares rise more than 1% following a Wall Street Journal report that the company is splitting in two. Johnson & Johnson is reportedly breaking off its consumer health division into a separate publicly-traded company.

Fresh data out Friday morning underscored persistent inflation fears.

Consumer sentiment in early November dropped to its lowest level in a decade, the University of Michigan reported Friday. Many survey respondents cited inflation concerns, according to the report.

Prices for 10-year Treasurys gained ground Friday, lowering yields to 1.55%, from 1.56% on Wednesday. The bond market was closed Thursday for Veterans Day. Treasury prices and yields move in opposite directions.

Oil prices fell 81 cents to $80.78 U.S. a barrel.

Gold prices picked up two dollars to $1,865.30 U.S. an ounce.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting