(MENAFN- Baystreet)
Canada's main stock index rose on Friday with technology shares leading the gains following strong U.S. big tech earnings, while investors monitored talks between Prime Minister Mark Carney and Chinese President Xi Jinping who pledged stronger bilateral ties.
The TSX gained 90.12 points to conclude Thursday at 30,269.10
The Canadian dollar shed 0.15 cents to 71.37 cents.
Shopify, scheduled to release quarterly results on November 4, saw its shares rise $4.74. or 2% on Friday or $247.69, contributing to a 20% monthly gain. Meanwhile, data center infrastructure provider Celestica, which recently raised its 2025 revenue forecast, surged $20.22, or 4.3% to $496.09, bringing its monthly gain to 44.8%.
Energy sector was another bright spot, rising 1% with shares of Baytex Energy gaining 18 cents, or 5.5%, to $3.35, after reporting third quarter results.
Moreover, Probe Gold shares soared $1.02, or 38.8%, or $3.65, after Mexican precious metals producer Fresnillo announced its acquisition of the Canadian mining company.
ON BAYSTREET
The TSX Venture Exchange took on 2.65 points to 955.97.
The 12 subgroups were evenly split, with information technology hiking 1.6%, health-care, better by 1%, and energy surging 0.6%.
The half-dozen laggards were weighed most by utilities, down 0.5%, while real-estate and materials each lost 0.4%.
ON WALLSTREET
The S&P 500 and NASDAQ Composite rose on Friday as investors digested strong quarterly results from tech giant Amazon
The Dow Jones Industrials index recovered 138.67 points Friday to 47,660.79
The S&P 500 recouped 45.74 to 6,866.42
The NASDAQ revived 275.87 points, or 1.2%, to 23,857.
The three leading U.S. stock indexes are on track to close out a winning week and month. The S&P 500 has gained 0.8% so far this week, while the tech-heavy NASDAQ and Dow are up roughly 2.5% and 0.7%, respectively, week to date.
October - which has experienced some of the largest one-day losses in stock market history - has seen the S&P 500 climb more than 2% over the month.
The NASDAQ has jumped about 5%, and the 30-stock Dow is up more than 2% month to date. The Dow is on pace for its sixth positive month in a row for the first time since 2018.
Amazon shares rallied 10% after the e-commerce giant said its cloud computing unit's revenue increased 20% in the third quarter, exceeding Wall Street's estimates.
Streaming leader Netflix was also a winner Friday, adding 3% after the company announced a 10-for-one stock split. Electric vehicle maker Tesla likewise helped out the broader market, with shares rising 3% in the session as well.
Prices for the 10-year Treasury gained, weighing yields to 4.08% from Thursday's 4.09%. Treasury prices and yields move in opposite directions.
Oil prices picked up 19 cents to $60.70 U.S. a barrel.
Gold prices brightened $13.80 to $4,029.70 U.S. an ounce.

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