Most stock indexes climbed on Friday, with the Nasdaq up more than 1% in afternoon trading as tech-related shares gained, while the dollar headed for its first weekly rise in over a month.

The Canadian dollar held firm against the greenback after Mark Carney’s Liberal Party secured a narrow victory in a general election.

In a social media post on the day of Canada's election, President Donald Trump suggested that Canadians should vote for him in order for Canada to become the 51st state.