As the trade war begins to thaw amid early trade talks, Canadian markets outperformed their American peers on Friday and during the week. The TSX rose 0.36% on Friday on the strength of outsized gains in materials, telcos and energy while tech lagged. <\/p>\n\n\n\n
Earnings drove many of the major movers. Air Canada<\/a> soared 14.64%, Telus<\/a> 7.12%, NFI<\/a> 12.79%, Lundin<\/a> 14.14% and Pembina<\/a> -5.85%. Gold increased US$23 to US$3,328 while WTI climbed about one dollar to nearly US$61. The TSX rose 1.3% for the week.<\/p>\n\n\n\n In contrast, the three American indices slipped a fraction of 1% during the week. On Friday the Nasdaq closed flat, the S&P shed four points while the Dow fell 0.29%. Among the major names were Lyft<\/a> rocketing by 28.08% on strong earnings, Expedia<\/a> -7.3% as fewer tourists are visiting the U.S., Tesla<\/a> 4.72% and Crowdstrike<\/a> -4.21%. The U.S. 10-year yield hovered around 4.386% while Bitcoin added US$740 to US$103,360.<\/p>\n\n\n\n 🛫 Air Canada\u00a0(AC-T)<\/a> +14.64%<\/p>\n\n\n\n 📱 Telus Corp\u00a0(T-T)<\/a> +7.12%<\/p>\n\n\n\n 🚚 New Flyer Industries Inc.\u00a0(NFI-T)<\/a> +12.79%<\/p>\n\n\n\n ⛏ Lundin Gold Inc.\u00a0(LUG-T)<\/a> +14.14%<\/p>\n\n\n\n 🏗 Pembina Pipeline Corp\u00a0(PPL-T)<\/a> -5.85%<\/p>\n\n\n\n 🚕 Lyft\u00a0(LYFT-Q)<\/a> +28.08%<\/p>\n\n\n\n ✈ Expedia\u00a0(EXPE-Q)<\/a> -7.3%<\/p>\n\n\n\n