Stocks drift down to start week
After recent highs, markets in New York and Toronto edged down to begin the shortened trading week. The TSX shed 0.12% to close below 22,000. Most sectors were down, led by industrials, utilities and discretionary while energy was a rare gainer.
Notable names included Suncor up 2.25% and CNQ at 2.14%, but Tilray finished -7.3%, Northland Power -7.28% after announcing a change in leadership, and Cameco -3.05%. Gold inched up to $2,170 an ounce while WTI regained 1.65% to $82.
The major indices gave back on Wall Street: the S&P -0.34%, the Nasdaq -0.28% and the Dow -0.44%. Some semi names regained ground, including Super Micro Computer which jumped 7.2% and Micron 6.28%. Elsewhere, Take-Two Interactive closed -4.04% and Lululemon -3.53%. Disney was upgraded and rose another 3.01%. The U.S. 10-year yield hovered around 4.24%. Bitcoin jumped 5.4% to $70,800.
🛢 Suncor Energy Inc (SU-T) +2.25%
🛢 Canadian Natural Rsrcs (CNQ-T) +2.14%
🌿 Tilray Inc. (TLRY-Q) -7.3%
💡 Northland Power Inc (NPI-T) -7.28%
⛏ Cameco Corporation (CCO-T) -3.05%
💾 Super Micro Computer (SMCI-Q) +7.2%
💾 Micron Technology (MU-Q) +6.28%
💾 Take-Two Interactive Softwar (TTWO-Q) -4.04%
👟 LuLulemon Athletica (US) (LULU-Q) -3.53%
👸 Walt Disney Co. (DIS-N) +3.01%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +5.4%