TORONTO – Canada’s main stock index posted a modest gain Friday, while U.S. markets were mixed but the S&P 500 surpassed 5,000 points for the first time.
The S&P/TSX composite index closed up 89.96 points at 21,009.60.
In New York, the Dow Jones industrial average was down 54.64 points at 38,671.69. The S&P 500 index was up 28.70 points at 5,026.61,while the Nasdaq composite was up 196.95 points at 15,990.66, gaining 1.25 per cent.
On the S&P 500, tech and consumer discretionary were among the sectors leading the way, but there was also strength in other areas like financials, health care and utilities, said Mona Mahajan, senior investment strategist at Edward Jones. She said that’s a positive sign.
“This idea that we’re getting a bit of broadening in market participation, I think, is starting…
