The S&P/TSX Composite rose 0.5% to close at a record high 29,051 on Friday, extending its streak toward an eighth consecutive all-time high and lifting the week’s performance to 2% as market expectations for increased liquidity in North American markets followed jobs data showing an unexpected loss of about 65,500 positions in August and a jump in the unemployment rate to 7.1% which bolstered hopes for Bank of Canada easing. Gains were broad-based with major mining equities Agnico Eagle (2.5%), Wheaton Precious Metals (1.7%), Barrick Mining (4.5%) and Franco-Nevada (2.2%) leading the way as bullion rallied on expectations for multiple Fed cuts and lowered the opportunity cost of holding non yielding metals. Celestica outperformed, rising 9.9% and hitting fresh highs. The TSX’s advance was tempered late in the session by falls in oil after a surprise US crude stock build and renewed OPEC+ supply talk which weighed on energy names.