TSX Advances on Day, Week

Stocks in Canada’s largest market closed the week with triple-digit gains, as health-care and tech stocks pulled the indexes forward.

The TSX regained 161.77 points to close the day and the week at 20,503.21, for a gain on the week of 143 points, or 0.7%.

The Canadian dollar advanced 0.46 cents at 74.73 cents U.S.

Health-care issues proved the champion Friday, with Bellus Health jumping 46 cents, or 4.6%, to $10.53, while Bausch Health Companies hiking 40 cents, or 3.8%, to $10.86.

Tech stocks also shone, Magnet Forensics rocketing $5.45, or 14.2%, to $43.80, while HUT 8 Mining grabbing 31 cents, or 14%, to

On the economic calendar, Statistics Canada says retail trade for November decreased 0.1% to $61.8 billion in November. Sales decreased in six of 11 subsectors and were led by lower sales at food and beverage stores (-1.6%) and building material and garden equipment and supplies dealers … Read more

Indicators in Picture for Next Week

Monday

U.S.

Economic Lookahead

Leading economic indicators (Dec.)

Featured Earnings

Baker Hughes Corp. (NASDAQ:RKR) (Q4) Reported EPS of 41 cents, compared to 25 cents in the prior-year quarter.

Brown & Brown Inc. (NYSE:BRO) (Q4) Reported EPS of 45 cents, compared to 42 cents in the prior-year quarter.

Synchrony Financial (NYSE:SYF) (Q4) Reported EPS of $1.10, compared to $1.48 in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

S&P U.S. manufacturing PMI (Jan.)

S&P U.S. services PMI (Jan.)

Featured Earnings

Microsoft Inc. (NASDAQ:MSFT) (Q2) Reported EPS for $2.29, compared to $2.48 in the prior-year quarter.

Johnson & Johnson (NYSE:JNJ) (Q4) Reported EPS of $2.22, compared to $2.13 in the prior-year quarter.

Danaher Inc. (NYSE:DHR) (Q4) Reported EPS of $2.44, compared to $2.69 in the prior-year quarter.

Canada

Blackline Safety Corp. (T.BLN) (Q4) Reported EPS for loss of 14 cents, compared to loss of 27 cents in the prior-year quarter.

Canada Nickel Company … Read more

TSX Falls Again Thursday

(CORRECTS TSX CLOSE OF 20,341.44)

Stocks in Toronto have climbed the downward ladder since hitting dizzy heights. On Thursday, the decline was powered mostly by real-estate and health-care concerns.

The TSX lost 34.79 points to end Thursday at 20,341.44.

The Canadian dollar improved 0.18 cents at 74.26 cents U.S.

The health-care index fell with cannabis producer Tilray Brands dropping 17 cents, or 4.1%, to $3.97, with Canopy Growth behind 11 cents, or 3.1%, to $3.47.

In real-estate, Allied Properties REIT units folded 88 cents, or 3%, to $28.86, while Colliers International sagged $2.64, or 1.9%, to $133.86.

Among techs, Magnet Forensics slid $1.98, or 4.9%, to $38.35, while Shopify dipped $1.46, or 2.8%, to $51.43.

Gold tried to equalize things, with Equinox Gold ahead 47 cents, or 8.7%, to $5.90, while Torex Gold grabbed 79 cents, or 4.6%, to $17.82.

In other resource stocks, K92 Mining gained 26 cents, or … Read more