Canada’s main stock index was up at the close Friday with mixed results across sectors, while U.S. markets were also mixed with an early close.
With the New York Stock Exchange closing early mid-afternoon Friday, it’s a slow day for markets on both sides of the border, said John Zechner, chairman and lead equity manager at J Zechner Associates.
While markets are in a quiet period around Thanksgiving, Zechner said this is historically a strong time of year.
“Seasonally, you’re in the strongest period of the year. So that’s been a tailwind for the markets lately,” he said.
The S&P/TSX composite index was up 39.70 points at 20,383.77, down from mid-morning highs above 100 points.