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Spreadsheet
Unsurprisingly, markets were quiet in Toronto and New York on Black Friday. The NYSE closed at 1:00 pm after the S&P added all of two points, the Nasdaq shed 0.11% and the Dow climbed, 0.33%. There were no outsized names among the influential stocks, though Nvidia closed -1.93%, Alphabet -1.3%, Warner Bros. Discovery rose 1.78%, and Best Buy rallied 2.18% as shoppers flocked to its stores on this American shopping day,. For the week, the S&P advanced 1%, the Nasdaq 0.89% and the Dow 1.27%. The U.S. 10-year yield held around 4.472% and Bitcoin added 1.563% to nearly touch $38,000.
The TSX declined 16 points on Friday and fell 0.4% for the week. Sectors were mixed with financials showing the most strength while utilities, discretionary and tech led the laggards. Notable names were Manulife up 0.65%, First Quantum Minerals -2.56%, Brookfield Asset Management -1.68% and Silvercrest Metals up 4.84%. WTI fell another 2% to $75.50. Lastly, across the pond, the ECB signaled that it would hold interest rates.
