TORONTO — Canada’s main stock index rose on Friday, helped by gains in energy and base metal stocks as the prices of oil and copper climbed, while U.S. markets were mixed.
TORONTO — Canada’s main stock index rose on Friday, helped by gains in energy and base metal stocks as the prices of oil and copper climbed, while U.S. markets were mixed.
Markets drifted Friday after a week that saw Wall Street hit new highs with relief over the latest inflation figures. The Dow closed above 40,000 points for the first time, rising 134.21 points at 40,003.59.
The S&P 500 index was up 6.17 points at 5,303.27, while the Nasdaq composite was down 12.35 points at 16,685.97.
The S&P/TSX composite index closed up 165.54 points at 22,465.37.
The latest U.S. inflation data showed evidence that price growth continues to cool, rekindling some hope among investors that 2024 will bring interest rate cuts from the U.S. Federal…
