By Mike Keerma
The major North American stock indices ended the week relatively flat,
while gaining overall in January and advancing for the year to to date.
Both the
S&P 500 Composite Index
and the
Nasdaq Composite Index
gained just 0.1% on the week, as a relatively strong U.S. jobs report
showed a gain of 227,000 payrolls in January helped the U.S. indices stay
in the black. Toronto’s benchmark
S&P/TSX Composite
advanced 0.5% during Friday’s session, buoyed by strength in the financial
sector, but the index still lost -0.6% from the previous Friday’s close.
Gold
gained 2.5% on the week, while the price of
crude oil
hovered just above breakeven.
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