North American markets ended the week with a lacklustre day, making small gains or losses Friday on mixed economic and profit reports.
The TSX composite index traded around Thursday's level before slipping into a loss of 1.81 points just before the close, leaving it at 11,629.63. Two key U.S. indexes eked out small gains.
On the TSX, only the real estate and diversified metals sub-indexes moved up more than one per cent, while the biggest drop was in information technology, which fell 0.7 per cent.
The Dow Jones industrial average closed up 4.23 points at 10,325.26, while the Nasdaq rose 4.04 points to 2,238.26.
The U.S. markets were dealing with a big loss at insurer AIG, slightly better than expected economic growth in the final quarter of 2009 and a drop in January home sales.
Down week
The flat Friday capped a week when the TSX fell for the first three days, dropped sharply in early trading Thursday, closed higher on the strength of bank profits and then meandered Friday.
Over the week, the TSX lost about 80 points.
The Dow Jones drifted for three days, fell sharply early Thursday and then recovered until Friday's close. The Nasdaq followed a similar course.
By the close Friday, the Dow was off 77 points on the week, while the Nasdaq was off about five points.
Since the start of the year, the TSX has lost about 117 points. But it's still up from Jan. 29, when it hit a low of 11,094.
And it's more than 3,400 points ahead of the close a year ago. On Feb. 26, 2009, the index was at 8,187.
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Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 11576.47 | 10.4 |
| DOW | 12454.83 | -74.92 |
| NASDAQ | 2837.53 | -1.85 |
| SP 500 | 1317.82 | -2.86 |
| NYSE COMPOSITE | 7534.32 | -18.01 |
| AMEX | 2227.37 | 1.45 |
| TSX-VENTURE | 1309.27 | 26.8 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
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