The Stock Exchange Toronto ended higher on Friday amid a tsx.ca stronger than expected in the third quarter in demonstration Canadian economic growth, while the signs have made a good start to the holiday shopping season in the United States. The Canadian dollar weakened despite rising prices of raw materials and a report of GDP Statistics Canada grew at an annualized rate of 2.7 percent in the tsx.ca third quarter. It was better than the 2.5 percent rate expected by economists.
RELATED DOCUMENTS: Black Friday: A customer enters a store Eaton Centre in Toronto, Friday, November 29, 2013 as retailers offering cut price deals to attract business and make shopping.The season CANADIAN PRESS. Chris Young to start How retailers provide Friday Black not tsx.ca bury them in red.
GDP growth in September was ahead 0.3 per cent last month compared with the 0.2 percent increase that was expected. At the same time, the agency has revised down growth in the second quarter to 1.6 percent from 1.7 percent. The Canadian dollar lost 0.3 percent to 94.16 cents U.S. dollar gained ground against other currencies. U.S. tsx.ca indices is slowing while the markets of New York held a meeting later shortened Thanks Action, which ended at 13 pm ET.
The Dow Jones closed 10.92 points 16,086.41, the NASDAQ waived 15.14 4059.89 points and the S & P 500 index gained 1.42 points lower at tsx.ca 1805.81. Black Friday is traditionally the start of the busy shopping season, sandwiched between U.S. Thanksgiving and Christmas. He was named Black Friday because that's when retailers are expected to start moving in the red and in the black tsx.ca, or profitable.
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