Markets fade into close

Despite an early rally, Wednesday markets in Toronto and New York failed to rally and closed on weakness. The S&P closed 5,200 and finished the session -0.77% lower as the Nasdaq performed -1.05% and the Dow -0.6%.

The most-active names: Nvidia -5.12%, Intel -4.24% and Apple 1.25%. Semis as a sector were pounded as SMCI fared -20.14%. Elsewhere, Airbnb was -13.38% though Fortinet soared 25.3% after reporting. The U.S. 10-year-yield continued to inch up, touching 3.95%. Bitcoin gave back 1.55% to US$55,175.

Though WTI rebounded % to US$75.45, the TSX sank 0.42% to close below 22,000. Key names: Suncor 4.38%, Manulife -2.35%, Aritzia 2.73%, Brookfield Corp. -4.16% and Shopify jumped 17.88% after a beat. Gold retreated US$5 to US$2,385.

💾 NVIDIA Corporation (NVDA-Q) -5.12%

💾 Intel (INTC-Q) -4.24%

🍎 Apple Inc (AAPL-Q) +1.25%

💾 Super Micro Computer (SMCI-Q) -20.14%

🧳 Airbnb (ABNB-Q) -13.38%

💻 Fortinet Inc (FTNT-Q) +25.3%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.55%

🛢 Suncor Energy Inc (SU-T) +4.38%

🏛 Manulife Financial (MFC-T) -2.35%

👗 Aritzia Inc. (ATZ-T) +2.73%

🏛 Brookfield Corp (BN-T) -4.16%

🛍 Shopify Inc. (SHOP-T) +17.88%