Reuters
Canada's main stock index rose on Friday, extending the week's gains, as investors cheered signs of easing inflation pressures and two major telecom companies made headway with their merger deal. The Toronto Stock Exchange's S&P/TSX composite index ended up 187.93 points, or 0.9%, at 20,179.81, closing above the 20,000 threshold for the first time since June 10. "It looks like inflation pressures are ebbing a little bit," said Elvis Picardo, portfolio manager at Luft Financial, iA Private Wealth.