TSX up, NYSE down

Allan Tong Posted On January 2, 2025

The new year began positively in both Toronto and New York, but Thursday’s session ended with the TSX up 0.69% or 170 points and the American indices down. On Bay Street, only financials were negative, and mildly so, while materials and healthcare led the remaining sectors up.

Major movers were Denison Mines rallying 14.18%, Enbridge 1.41%, TC Energy 1.84%, NexGen Energy 11.08% and Energy Fuels 10.09%. WTI crude rose 1.9% to over US$73 a barrel as gold spiked 1.3% to US$2,658. The Canadian dollar stayed flat at $0.69 against the U.S. greenback.

Across the border, the S&P closed -0.22%, the Nasdaq -0.16% and the Dow -0.36%. Once more, Nvidia was the most influential name, rising 2.99%, while Apple finished the session -2.62%, Ford -2.83% and Vistra popped 8.44%. Tesla made headlines when it announced its first-ever drop in annual deliveries and one of its vehicles involved in a possible terrorist attack. Tesla shares slumped 6.08%. Elsewhere, the U.S. 10-year yield edged down to 4.563% while Bitcoin rebounded 2.43% to US$97,075.

⛏ Denison Mines Corp (DML-T) +14.18%

🛢 Enbridge (ENB-T) +1.41%

🛢 TC Energy (TRP-T) +1.84%

⛏ NexGen Energy (NXE-T) +11.08%

🛢 Energy Fuels Inc. (EFR-T) +10.09%

💾 NVIDIA Corporation (NVDA-Q) +2.99%

🍎 Apple Inc (AAPL-Q) -2.62%

🚘 Ford Motor (F-N) -2.83%

💡 Vistra (VST-N) +8.44%

🚗 Tesla Inc (TSLA-Q) -6.08%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +2.43%