Canadian stocks climbed for the third consecutive session before heading into the long Thanksgiving Day weekend, as cooler-than-expected U.S. wholesale inflation data spurred renewed buying interest across the board. The S&P/TSX Composite Index advanced by 169 points, or 0.7%, on Friday to settle at 24,471 — marking a fresh all-time high.
While most key market sectors ended the session in green territory, the TSX rally was mainly fueled by the robust performance of consumer cyclicals, industrial, and technology stocks.
Top TSX Composite movers and active stocks
Brookfield Business Partners, TFI International, First Quantum Minerals, and MDA Space were the top-performing TSX stocks for the day, with each surging by at least 3.3%.
In contrast, shares of Aritzia (TSX:ATZ) fell by 5.6% to $47.20 per share, extending its month-to-date losses to more than 7%. This selloff in ATZ stock came a day after the Vancouver-based design house…
