The Market Online brings you the news as the Canadian Markets Close.
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00:00Let's see how markets in Toronto fared today.
00:06Canada's main stock index rose on Friday, following global market gains driven by optimism over potential US-China trade talks.
00:14Beijing responded positively to a US offer for negotiations regarding President Trump's steep tariffs,
00:20but emphasized the need for Washington to show sincerity and consider removing the tariffs.
00:26Despite recent economic contraction in the US during Trump's renewed term, investor sentiment improved,
00:31leading to a second consecutive week of gains for major US stock indices.
00:36As for the TSX, it was up 236 points by close and the venture was up 10.25.
00:42The Dow rose 564 points and the Nasdaq was up 316.
00:47As for the top gaining TSX stocks on the day, Willow Biosciences was up 100%,
00:57Gold Mountain Mining Corp rose 50%, and Albin Minerals gained 27%.
01:03But the stocks that saw the biggest drop were RTG Mining down 25%,
01:12Starco International gave up 15%, and Collibor Group was down 12%.
01:18That's it for this market update.
01:19Thanks for watching.
01:20I'm Jonathan Brown.
01:21Have a great weekend.
01:22I'll see you next time.
01:23Bye.
01:24Bye.