Toronto stocks finished the week on a positive note on Friday, getting a lift from a jump in the shares of Molson Inc. The S&P/TSX composite index closed up 48.02 points, or 0.53%, to 9,057.16.

Volume was 254 million shares.

Eight of Toronto’s 10 main groups finished in positive territory.

The consumer staples group rose 1.35% as Molson shares soared to their highest level in more than a year. The brewer raised the special dividend offer to shareholders in its merger deal with Adolph Coors Co. Molson class B shares closed up $1.42 or 3.93% to $37.57.

The heavily weighted financial index rebounded 0.31% after a sell-off in the previous day’s session.

Sun Life Financial gained 41¢, or 1.05%, to $39.62. Bank of Nova Scotia rose 41¢, or 1.04%, to $39.81.

The junior S&P/TSX Venture composite index rose 7.74 points, or 0.43%, to 1,792.12.

In New York, the Dow Jones industrial average rose 52.17 points to 10,558. The Nasdaq composite index was up 17.35 points at 2,087.91, while the broadly based S&P 500 rose 7.07 points to 1,184.52.

Investors were buoyed by a report from the U.S. Labor Department showing that producer prices declined in December.

The producer price index fell 0.7%, the biggest monthly drop in nearly two years. Analysts were looking for a decline of 0.2%.

The core PPI rose 0.1%, versus the expectation of a 0.2% increase.

For the week, the Dow slipped 0.43%. The S&P 500 dipped 0.14% and the Nasdaq edged down 0.03%.

U.S. markets are closed Monday for Martin Luther King Day.