TORONTO – Strength in materials and health care stocks helped lift Canada’s main stock index more than 100 points Friday.
Meanwhile, U.S. markets ended the day mixed, but nevertheless closed out their eighth straight winning week.
“It’s another positive week. A great way to finish the year, given everything that happened,” said Philip Petursson, chief investment strategist at IG Wealth Management.
The S&P/TSX composite index closed up 115.46 points at 20,881.19.
In New York, the Dow Jones industrial average was down 18.38 points at 37,385.97. The S&P 500 index was up 7.88 points at 4,754.63,while the Nasdaq composite was up 29.11 points at 14,992.97.
After starting 2023 on shaky footing, with market sentiment “skewed to the downside,” much of the uncertainty investors faced has since been…
