TSX flat as Wall Street fades

Allan Tong Posted On March 27, 2025

A day after Trump announced 25% car tariffs and mere days before the April 2 phase of tariffs, Wall Street indices lost some ground, while the TSX held at 25,161. The S&P and Dow shed a third of a percent while the Nasdaq surrendered half.

Sectors were mixed on Bay Street, but healthcare and materials made outsized gains while tech lagged the most. Major movers: Air Canada -3.51%, Tilray 7.45%, Pet Valu 5.92%, Magna -6.92% and BRP -6.84%.

Gold rose US$37 to US$3,057, while WTI added 25 cents to US$69.90. On Wall Street, Dollar Tree soared 11.18%, AutoZone 3.98%, while Nvidia closed -2.05%, Ford -3.88% and Palantir -2.37%. The U.S. 10-year yield edged up to 4.361%, while Bitcoin held around US$87,330.

🛫 Air Canada (AC-T) -3.51%

🌿 Tilray Inc. (TLRY-Q) +7.45%

🛍 Pet Valu Holdings (PET-T) +5.92%

🚗 Magna Int’l. (A) (MG-T) -6.92%

⚙ BRP INC. (DOO-T) -6.84%

🛒 Dollar Tree (DLTR-Q) +11.18%

🛢 Autozone Inc. (AZO-N) +3.98%

💾 NVIDIA Corporation (NVDA-Q) -2.05%

🚘 Ford Motor (F-N) -3.88%

💾 Palantir Technologies (PLTR-Q) -2.37%