* Latam stocks, FX up 0.4% each * Both indexes set for weekly gains * Petrobras set for biggest weekly drop in over six months (Updated at 1937 GMT) By Shashwat Chauhan and Johann M Cherian May 17 (Reuters) - Chile's peso outpaced currencies in Latin America on Friday, setting it up for its biggest weekly jump in nearly seven...

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 50 points on Friday. The Dow traded up 0.12% to 39,917.54 while the NASDAQ fell 0.33% to 16,642.74. The S&P 500 also fell, dropping, 0.10% to 5,291.68.      . Check This Out: Walmart To Rally Over 17%? Here Are 10 Top Analyst Forecasts For Friday Leading...

LONDON (Reuters) - Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen by Reuters on Friday showed. The note, published on Wednesday just before the rally faded, said hedge funds dropped positions on the most actively shorted stocks tracked by a...

* TSX up 0.7% * CPI data on radar next week * Tilray Brands drops to bottom of TSX * Materials index leads sectoral gains (Updates to close) By Nivedita Balu May 17 (Reuters) - Canada's main stock index rose on Friday to close the week on a high note while hovering near record highs, powered by surging commodity prices...