TORONTO – The trading week wound to a close with the Canadian market on an upbeat but cautious swing.

The country’s main stock index, the S&P/TSX composite, gained more than 100 points on Friday because of strength in the telecom and energy sectors.

It ended the day up 103.68 points at 25,357.74, while U.S. markets were mixed as investors awaited a U.S.-China meeting on trade set for Saturday.

“Canada’s been in a good spot the last couple of weeks, but I think there’s still some cautious tone across the market,” said David Ferreira, Portfolio Manager.

Read more Telecom and energy sectors help lift S&P/TSX composite, U.S. markets mixed | Business News | thecanadianpressnews.ca