S&P/TSX composite slides on Friday but caps off month near record highs

News Snapshot:

Canada’s main stock index on Friday continued to trim the gains that pushed it to a record closing high two days earlier, as investors retreated to defensive stocks while energy and information technology took a hit. “It’s been another roller-coaster day in markets, capping off generally strong equity index returns for the month,” said Kathrin Forrest, equity investment director at Capital Group. The S&P/TSX composite index inched down 35.51 points to 26,175.05. In New York, the Dow Jones industrial average rose 54.34 points to 42,270.07. The S&P 500 index slipped 0.48 points to 5,911.69, while the Nasdaq dipped 62.11 points...