TSX climbs, Wall Street mixed
The TSX enjoyed modest gains on Thursday as industrials and financials led most sectors higher while energy lagged.
Notable names included Parkland up 3.71%, Nuvei 3.48%, Baytex -2.42%, Cenovus -3.57% and Silvercrest Metals advancing 2.98%. WTI crude slipped 0.4% to $72.40.
The picture was more mixed on Wall Street as the S&P was flat, down five points, the Dow added 0.25%, but the Nasdaq sank for a fifth-straight session, shedding 0.27%. As investors continued to take profits from big tech while bearish worries over interest rate cuts lingered. Apple received another analyst downgrade and declined 1.12%. Amazon closed -2.05%, Dollar General 2.79% and Pfizer -1.93%. Walgreens sank 5.38% after slashing its dividend. Meanwhile, the U.S. 10-year yield continued to climb, nearly returning to 4.0% as Bitcoin rebounded 3.65% to US$44,400. Markets will be watching for the latest U.S. jobs report right before Friday’s opening bell.
🚚 Parkland Fuel Corp (PKI-T) +3.71%
💾 Nuvei Corp (NVEI-T) +3.48%
🛢 Baytex Energy Corp (BTE-T) -2.42%
🛢 Cenovus Energy (CVE-T) -3.57%
⛏ SilverCrest Metals Inc (SIL-T) +2.98%
🍎 Apple Inc (AAPL-Q) -1.12%
📦 Amazon.com, Inc. (AMZN-Q) -2.05%
🛒 Dollar General Corp. (DG-N) +2.79%
💉 Pfizer Inc (PFE-N) -1.93%
💊 Walgreen Boots Alliance (WBA-Q) -5.38%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +3.65%