India, July 10 -- Canadian stocks inched higher on Friday, extending the gains from yesterday's session, as regional mediators are frantically working to bring the U.S. and Iran back for re-negotiations following their recent standoff while June month jobs data showed an unexpected increase.

After opening a little higher than yesterday's close, today the benchmark S&P/TSX Composite Index remained volatile initially but later traded firmly positive throughout the rest of the session before settling at 35,305.31, up by 104.86 points (or 0.30%).

Five of the 11 sectors posted gains today, with the consumer discretionary sector leading the pack.

Today in Canada, data from Statistics Canada revealed that the unemployment rate eased to 6.50% in...