TORONTO — Canada's main stock index stepped lower Friday as broad-based weakness led by technology, battery metals and utilities outweighed energy gains, while U.S. markets were mixed amid losses in technology.
Markets mainly declined throughout the day as the Nasdaq led the way down, losing 1.23 per cent Friday.
“I would describe today's tech sourness as a bit of an unwind of some of the earlier-year gains,” said Burkett. Amid reports of an impending ground invasion by Israel in the Gaza Strip, the price of oil surged Friday from recent lows, gaining more than five per cent.
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