Canada's main stock index pared losses by the session’s end on Friday, after being initially lifted by fresh hopes that the United States and China will take steps to resolve their trade dispute.
The S&P/TSX Composite Index faded 30.87 points to finish the day and the week at 15,119.28
The Canadian dollar slid 0.05 cents to 76.34 cents U.S.
Real-estate took the majority of the pounding, with Colliers International Group slumping $1.36, or 1.5%, to $88.82, while units of Artis Real Estate Investment Trust settled $1.31, or 11.5%, to $10.13.
Among energy concerns, Canadian Natural Resources subsided 12 cents to $37.72, while Suncor lost six cents to $44.00.
In the tech sector, BlackBerry skidded 23 cents, or 1.9%, to $12.22, while Constellation Software lost 36 cents to $900.00
Financials had a moderately successful day, as Manulife Financial rose $1.18, or 5.7%, to $21.98, while Scotiabank gained 30 cents to $71.03.
In health-care stocks, Aurora Cannabis gained 34 cents, or 3.9%, to $9.13, while Canopy Growth captured 16 cents to $48.62.
On the economic ledger, Statistics Canada says employment was little changed in October, the economy creating but 11,000 jobs. The unemployment rate decreased 0.1 percentage points to 5.8% as fewer people searched for work.
The agency also reported that this Canada's merchandise trade deficit with the world narrowed to $416 million in September from $551 million in August. Imports fell 0.4%, while exports edged down 0.2%.
ON BAYSTREET
The TSX Venture Exchange gained 6.4 points to 651.35
All but two of the 12 subgroups finished the day negative, real-estate listing lower 2.1%, energy waning 1.7%, and information technology clicking 1.1% lower.
The two gainers were financials, richer 0.4%, and health-care, eking higher 0.04%.
ON WALLSTREET
Stocks traded in a wide range on Friday as investors digested different comments and reports on global trade, while Apple shares dented the broader tech sector.
The Dow Jones Industrials slipped 109.91 points to 25,270.83, after falling 300 points earlier in the session. At its session high, it was up as much as 198.24 points.
The S&P 500 subtracted 17.31 points to 2,723.06, as Apple's 6.6% decline dragged down other major tech names like Facebook and Alphabet.
The NASDAQ fell 77.06 points, or 1%, to 7,356.99
Apple fell after the company's iPhone shipments for last quarter missed estimates. The company also offered light guidance and announced major changes to its reporting structure. These were enough to overshadow stronger-than-expected earnings and revenue.
Stocks surged at the open after the U.S. Labor Department said the stateside economy added 250,000 jobs last month. Economists expected an addition of 190,000. Wages, meanwhile, rose 3.1% on an annualized basis in October for the first time since the recession.
Sentiment was initially lifted after a Bloomberg News report said President Donald Trump asked officials to start drafting a potential trade deal with China.
But a White House official told the media later that Bloomberg's report was not true, noting: "There is a long way to go" on these negotiations.
Prices for the benchmark for the 10-year U.S. Treasury fell sharply, raising yields to 3.22% from Thursday’s 3.14%. Treasury prices and yields move in opposite directions.
Oil prices lost 85 cents to $62.84 U.S. a barrel.
Gold prices finished in the red four dollars an ounce to $1,234.60
