TSX hits high as U.S. jobs modestly beat

The week ended with the TSX surpassing a high made only three days earlier. The Canadian index rose 0.3% Friday to 26,429, led by tech and energy. Materials was the weakest sector.

Key movers were Algoma Steel surging 10.76%, Shopify 6.31%, CNQ 2.1%, Cenovus 2.66% and Orla Mining -10.23%. Gold gave back US$33 to US$3,307. while WTI climbed 2% to US$64.65. For the week, the TSX gained 1%.

Ending days of choppiness, Wall Street was boosted by a modest jobs beat. The Dow rose 1.05%, the Nasdaq 1.2% and the S&P 0.3% to top 6,000. All indices gained ground over the week: the S&P up 1.5%, the Nasdaq 2.2% and the Dow 1.17%. Major movers were Palantir rallying 6.51%, Moderna 5.13%, United Airlines 4.83% and Lululemon tanking 19.8% after cutting its outlook. However, Elon Musk continued to grab headlines as his very public feud with Trump toned down on Friday, lifting Tesla shares by 3.67%, but not recovering the 14% lost the day before. Faring better was Bitcoin, adding nearly 4% to US$104,400. The U.S. 10-year yield edged up to 4.51%

⛓ Algoma Steel Group Inc (ASTL-T) +10.76%

🛍 Shopify Inc. (SHOP-T) +6.31%

🛢 Canadian Natural Rsrcs (CNQ-T) +2.1%

🛢 Cenovus Energy (CVE-T) +2.66%

⛏ Orla Mining (OLA-T) -10.23%

💾 Palantir Technologies (PLTR-Q) +6.51%

💉 Moderna (MRNA-Q) +5.13%

✈ United Airlines Holdings (UAL-Q) +4.83%

🛍 LuLulemon Athletica (US) (LULU-Q) -19.8%

🚗 Tesla Inc (TSLA-Q) +3.67%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +4%