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TSX Extends Winning Streak To Sixth Session

(RTTNews) - Optimism about a formal U.S.-China trade deal waned after U.S. President Donald Trump said he has not agreed to cut tariffs on Chinese goods, but the Canadian stock market managed to hold gains and ended on a firm note on Friday, extending gains to a sixth straight session.

Investors also shrugged off a somewhat disappointing employment data.

Hectic buying in healthcare and information technology shares led the market to a positive close.

The benchmark S&P/TSX Composite Index ended up 71.67 points, or 0.43%, at 16,877.42, near the day's high.

On Thursday, the index ended up 60.11 points, or 0.36%, at 16,805.75.
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