Technology, cannabis leads S&P/TSX composite to new highs to end positive week - News Summed Up

Technology, cannabis leads S&P/TSX composite to new highs to end positive week


The S&P/TSX composite index was up 186.55 points another record close of 21,768.53, after hitting an intraday high of 21,773.05. The S&P 500 index was up 33.58 points at 4,682.85, while the Nasdaq composite was up 156.68 points at 15,860.96. The technology sector increased four per cent Friday led by an 11.6 per cent rise in shares of Ottawa-based Shopify. The gain stems from positive headlines from the singles day sales in China, that showed there's a lot of momentum for online shopping. The September crude oil contract was down 80 cents at US$80.79 per barrel and the September natural gas contract was down 35.8 cents at US$4.79 per mmBTU.


Source: CBC News November 12, 2021 19:10 UTC



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