Canada's main stock index gave back some of its recent gains on Friday in its first day of trading since the Christmas and Boxing Day break.
SHARE
Meanwhile, U.S. markets delivered mixed results after also posting recent record closes, with retailers and other companies that rely on consumer spending leading the gains. Investors welcomed U.S. President Donald Trump's comment that an interim "Phase 1" trade deal with Beijing was "getting done." Trump said he and Chinese President Xi Jinping would hold a signing ceremony.
"Overall, investors who were previously looking for safety, looking for any port in the storm, that had parked their money in the U.S., now are looking at assets elsewhere that could benefit more in the event that global economic conditions improve," said Schamotta.The February crude contract settled at US$61.72 per barrel on Friday, up four cents from Thursday, and the February natural gas contract was at US$2.231 per mmBTU, down 5.4 cents from Thursday.
Shares in Shopify Inc., which provides an e-commerce platform for small and midsize businesses, jumped by $9.37 to $534.76, a gain of about 1.8 per cent.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alex Lafreniere scores winner as Canada defeats USA in thrilling World Juniors opener - TSN.caAlexis Lafreniere scored the game-winning goal and added three assists as Canada battled back from a two-goal first period deficit to defeat USA 6-4 in Group B action at the 2020 IIHF World Juniors. Frank Seravalli has more.
Read more »
Alexis Lafreniere show hits WJC as Canada opens with win over U.S. - Sportsnet.caAlexis Lafreniere had his doubters entering the world junior championship. He surely silenced them with an impressive four-point performance in Canada's WJC opening win over the U.S.
Read more »
'Queen of Giraffes' among new Order of Canada recipients with global influenceTalk about sticking her neck out for Canada.
Read more »
Q&A: Grunwald hopes home-court advantage helps Canada triumph at OQT - Sportsnet.caSportsnet recently caught up with Canada Basketball CEO and general manager Glen Grunwald to discuss the year that was for Canada’s men’s and women’s national teams, as well as the anticipation and optimism he has for next year and beyond.
Read more »