Today in the markets
U.S. stocks rallied Friday to cap a fifth week of gains that lifted the Dow Jones Industrial Average above 14,000 for the first time in five years.
Canadian stocks were also higher as U.S. job creation and a strong showing in the U.S. manufacturing sector raised hopes that indexes can build on January gains.
The S&P/TSX Composite rose 83.59 points to 12,768.83, while the TSX Venture Exchange edged up 6.95 points to close at 1,228.66.
Active stocks included United Technologies Corp. (NYSE: UTX, Stock Forum) and International Business Machines Corp. (NYSE: IBM, Stock Forum), companies that contributed most to the Dow index’s rise on Friday. United Technologies rose 2.6% to $89.84, while IBM rose 1% to $205.18.
In Canada, Blackberry (TSX: T.RIM, Stock Forum) (NASDAQ: RIMM, Stock Forum), the company formerly known as Research in Motion, was up 0.70% to $13.01, after tumbling 17% over the last two sessions.
For news about small stocks that made big moves in Friday’s trading, please read the
Stockhouse Canadian Small and Micro-cap Stock Report