Bay Street stocks dipped at open Friday amid selling in energy stocks, with the S&P/TSX Composite Index losing 75.19 points or 0.63 percent to 11,939.71.
The Energy Index shed nearly 2 percent, with Niko Resources (NKO.TO) losing over 4 percent. Suncor Energy (SU.TO) and Cenovus Energy (CVE.TO) lost around 2 percent each.
Canadian Natural Resources (CNQ.TO) was down over 3 percent even after reporting that its first-quarter net earnings were C$427 million or C$0.39 per share up from C$46 million or C$0.04 per share for the first quarter of 2011
The Diversified Materials Index lost over 1 percent, with First Quantum Minerals (FM.TO) surrendering close to 2 percent.
Meanwhile, gold stocks were firm, with Agnico-Eagle Mines (AEM.TO) ad Goldcorp. (G.TO) adding around 2 percent each.
Diversified services company K-Bro Linen Inc. (KBL.TO) gained 3 percent after reporting improved first quarter net income.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.