The Globe and Mail reports in its Friday edition that Canada's main stock index rose to a record high Thursday in trading thinned by the U.S. Thanksgiving holiday, led by energy and industrial shares. A Reuters dispatch to The Globe says the S&P/TSX Composite Index ended up 55.22 points at 25,543.52, moving past the record closing high it notched on Wednesday. Volumes were lighter than usual with the U.S. market closed for the holiday. Canada's third-quarter gross domestic product report, due Friday, could offer clues on the pace of expected further interest-rate cuts by the Bank of Canada. Economists forecast growth slowing to an annualized rate of 1 per cent. The energy sector rose 0.7 per cent, helped by gains for Canadian Natural Resources. The price of U.S. oil edged up to $68.88 (U.S.) a barrel after Israel and Lebanese armed group Hezbollah traded accusations that their ceasefire had been violated. As for U.S. risk, "Our base case forecast continues to see Canada avoiding the 25% tariff threat in January, but ultimately facing a 10% tariff later next year on all non-energy goods, with potentially a few other exceptions like autos and parts," said Royce Mendes, head of macro strategy at Desjardins, in a note.