By Commodity News Service Canada
WINNIPEG, MB, Jan. 19, 2018 (CNS Canada) – The Canadian
dollar was little changed Friday.
At 8:36 CST Friday morning the Canadian dollar was at
US$0.8039 or C$1.2441, which compares with Thursday’s North
American close of US$0.8035 or C$1.2446.
Oil prices slid Friday, putting them on course for the
biggest weekly falls since October, as a bounce-back in United
States production outweighed ongoing declines in crude
inventories. Brent crude futures were down 77 cents at US$68.54
per barrel.
Wall Street opened higher Friday, putting the major indexes
on track for three straight weeks of gains as hopes of a strong
earnings season overshadowed fears of a potential U.S.
government shutdown. The Dow Jones Industrial Average gained
12.73 points, or 0.05 per cent, to 26,030.54. The S&P 500 added
6.71 points, or 0.24 per cent, to 2,804.74. The Nasdaq Composite
rose 23.45 points, or 0.32 per cent, to 7,319.50
The Toronto TSX/S&P Composite Index was higher in early
morning trade Friday. The TSX/S&P gained 39.93, or 0.25 per
cent, to 16,325.28.
