Monday relief rally

Allan Tong Posted On September 9, 2024

The bulls returned to start the week by driving a broad-based rally in New York and Toronto. The TSX jumped nearly 245 points or over 1% past 23,000. Except for energy, all sectors rallied, led by healthcare, financials and tech.

Major movers: Tilray 5.45%, Kinaxis 3.5%, Lundin Mining 3.91%, Celestica 3.81% and BlackBerry 3.59%. Gold added US$9 to US$2,505 an ounce while WTI climbed a dollar to US$68.70.

On Wall Street, both the S&P and Nasdaq advanced 1.16% while the Dow added slightly more or nearly 500 points. Key movers in New York: Super Micro Computer 6.06%, Nvidia 3.54%, Paycom 5.78%, Moderna 5.1% and United Airlines 5.96%. The U.S. 10-year tumbled to 3.7%. Apple unveiled its new iPhone after the closing bell and its shares were flat. Lastly, Bitcoin popped 4.5% to US$56,850.

🌿 Tilray Inc. (TLRY-Q) +5.45%

💾 Kinaxis Inc (KXS-T) +3.5%

⛏ Lundin Mining Corp. (LUN-T) +3.91%

🧬 Celestica Inc (CLS-T) +3.81%

📱 BlackBerry (BB-T) +3.59%

💾 Super Micro Computer (SMCI-Q) +6.06%

💾 NVIDIA Corporation (NVDA-Q) +3.54%

💾 Paycom (PAYC-N) +5.78%

💉 Moderna (MRNA-Q) +5.1%

🛫 United Airlines Holdings (UAL-Q) +5.96%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +4.5%