By Commodity News Service Canada
WINNIPEG, MB, Nov. 24, 2017 (CNS Canada) – The S&P/TSX was
up substantially Friday as oil prices hit two-year highs.
At 8:44 CST Friday morning the Canadian dollar was at
US$0.7861 or C$1.2707, which compares with Thursday’s North
American close of US$0.7865 or C$1.2715.
Oil prices climbed Friday with United States crude hitting
a more than two-year high as North American markets tightened
due to the partial shutdown of the Keystone pipeline. U.S. Brent
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Two of the main indexes on Wall Street (S&P 500 and Nasdaq
Composite) hit record highs Friday at open, as climbing oil
prices and retail stocks were in focus as Black Friday kicked
off the holiday season. The Dow Jones gained 28.22 points, or
0.12 per cent, to 23,554.51. The S&P 500 added 4.53 points, or
0.17 per cent, to 2,601.61. The Nasdaq rose 9.19 points, or 0.13
per cent, to 6,876.55.
The Toronto TSX/S&P Composite Index rose Friday as
financial and energy shares lead the broad rise. The S&P/TSX
index added 49.74 points, or 0.31 per cent, to 16,124.04.
