S&P/TSX composite snaps 5 day skid but closed down 3.3 per cent for week
Canada’s major inventory index broke a five-day dropping streak however nonetheless ended the week off 3.3 per cent as crude oil and gold costs struggled over the previous 5 buying and selling periods.
The S&P/TSX composite index closed up 65.39 factors to 18,394.45.
In New York, the Dow Jones industrial common was up 658.09 factors or 2.2 per cent at 31,288.26. The S&P 500 index was up 72.78 factors at 3,863.16, whereas the Nasdaq composite was up 201.23 factors at 11,452.42.
The Canadian greenback traded for 76.70 cents US in contrast with 76.12 cents US on Thursday.
The August crude contract was up US$1.81 at US$97.59 per barrel and the August pure fuel contract was up 41.6 cents at US$7.02 per mmBTU.
The August gold contract was down US$2.20 at US$1,703.60 an oz. and the September copper contract was up 2.3 cents at US$3.23 a pound.
