Flat Tuesday
Toronto and New York markets were basically flat on Tuesday. The Toronto gained 0.21%, led by healthcare and consumer discretionary stocks, while staples and utilities lagged.
TD was heavily traded again and rallied 1.55% as Chorus Aviation climbed 2.3%. In contrast, Suncor closed -2.1% and Algonquin Power -5.19% after cancelling an American acquisition. Nuvei continued to garner headlines after a short-seller report attacked the tech stock, a mere day after actor Ryan Reynolds revealed he bought a stake. WTI crude was also flat, holding below $81.
The Wall Street indices barely moved. The Nasdaq and Dow gained a handful of points while the S&P inched up. Earnings marched on. Bank of America added 0.74% though Goldman Sachs was -1.7%. Nvidia jumped 2.31%, but Tesla closed -1.2%. After hours, Netflix reported mixed results and sank 10%. initially. The U.S. 10-year yield slipped to 3.579%. Only cryptos made a dramatic move as Bitcoin leapt 2.3% past $30,000.
🏛 Toronto Dominion (TD) (TD-T) +1.55%
🛫 Chorus Aviation Inc (CHR-T) +2.3%
🛢 Suncor Energy Inc (SU-T) -2.1%
💡 Algonquin Power & Utilities Corp (AQN-T) -5.19%
🏛 Bank of America (BAC-N) +0.74%
🏛 Goldman Sachs (GS-N) -1.7%
💾 NVIDIA Corporation (NVDA-Q) +2.31%
🚗 Tesla Inc (TSLA-Q) -1.2%
📺 Netflix Inc. (NFLX-Q) -10%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +2.3%
