TORONTO – Canada’s main stock index gained almost 200 points Friday, while U.S. markets were mixed.
The S&P/TSX composite index closed up 197.41 points at 22,269.12.
In New York, the Dow Jones industrial average was up 574.84 points at 38,686.32. The S&P 500 index was up 42.03 points at 5,277.51, while the Nasdaq composite was down 2.06 points at 16,735.02.
U.S. markets pulled up near the end of the day after the S&P 500 and Nasdaq spent most of the day in the red. The latter ended the day nearly flat, while the Dow coasted to gain 1.51 per cent.
After a rally provoked by stellar earnings from AI darling Nvidia last week, investors spent most of the day selling off and rotating into sectors like real estate, energy and utilities, said Brian Madden, chief investment officer with First Avenue…
