Stock markets in Toronto and New York ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier, but the Dow Jones, the Nasdaq and the TSX's main index still all had their worst week since March. The S&P 500 ended down about six per cent on Thursday. The Toronto Stock Exchange's main index gained 195 points, or a little over one per cent, to 15,250. Earlier this week, the tech-heavy Nasdaq confirmed it had been in a bull market since March 23, and the S&P 500 briefly tuned positive on the year. On Friday, the S&P 500 closed above its 200-day moving average, a closely watched technical level that was last at about 3,013, after moving above and below the level.

Source: CBC News June 12, 2020 20:15 UTC