By Adriano Marchese
Toronto-listed stocks rose Friday, boosted by a strong U.S. labor-market report and the opening of U.S. ports after dockworkers ended a three-day strike.
Most sectors in Canada were up, led by technology. Materials and health stocks were also top gainers in the session. Only retail, utilities, and to a lesser extent, consumer discretionary stocks were in the decline.
Canada’s S&P/TSX Composite Index advanced 0.6% to 24122.46. The blue-chip S&P/TSX 60 rose by 0.6% to 1442.87.
On the Canadian labor front, talks to settle a labor dispute at the busy Port of Montreal remain stalled even as operations resume after picket lines were removed following a three-day work stoppage.
SilverCrest Metals shares rose by over 12% to 14.14 Canadian dollars ($10.43) after the company agreed to be acquired by Coeur Mining in a $1.7 billion deal. Once the transaction is complete, SilverCrest shareholders will…
