The Canadian stock market traded on a slightly positive note for a second consecutive session on Friday with the help of a rebound in crude oil prices even as far stronger-than-expected U.S. jobs report reignited concerns that the Fed could continue to tighten monetary policy in the near term. The S&P/TSX Composite Index rose 53 points, or 0.3%, in the last session to settle at 20,332 — trimming its weekly losses to 0.6%.
Despite weakness in utility and industrial sectors, healthy intraday gains in energy, healthcare, and bank stocks drove the TSX benchmark upward.
Top TSX Composite movers and active stocks
Ero Copper, Hudbay Minerals, Nuvei, BlackBerry, and Capstone Copper were the top-performing TSX stocks on December 8, as they climbed up by at least 4.6% each.
Canadian Western Bank (TSX:CWB) also surged by nearly 3% after announcing its better-than-expected quarterly earnings, making it among the top performers on the Toronto…
