Dow, TSX see triple-digit gains, while Canadian dollar retreats
Following news that the United States saw better-than-expected job growth in June, North American stock markets made solid gains on Friday, while the Canadian dollar traded lower.
At the close of trading, the S&P/TSX composite index finished with a gain of 125.38 points, ending at 14,259.84.
- U.S. economy adds better-than-expected 287,000 jobs in June
- June jobs figure 'unchanged' as Canada lost 700 jobs
The price for benchmark North American crude oil finished up 27 cents at $45.41 US per barrel.
In foreign exchange trading, the loonie was down 0.22 at 76.69 cents US. The British pound, which has been battered in the wake of the Brexit vote, rose 0.37 of a cent to end the week at $1.2944 US.
0.37 of a cent.