Bitcoin hits high, stocks flat
Lingering worries over America’s soaring debt kept the Dow and S&P flat on Thursday as the Nasdaq inched up 0.28%. The U.S. 10-year yield hovered around 4.539%.
Key stock names were Seagate, popping 4.24%, Tesla 1.92%, Enphase Energy -19.63% and Humana -7.58%. Coinbase jumped 5% as Bitcoin rallied another 2.6% to make a new high at almost $111,100.
It was a similar picture on Bay Street after the TSX gained only 14 points. Sectors were mixed with financials and technical balancing weakness in materials and utilities. Among the major movers were MDA Space, soaring 7.6%, Aecon up 3.82% and Celestica 3.74%. Weak earnings slammed Lightspeed for 7.97% lower while TD beat estimates, but laid off 2% of its workforce. The bank’s shares rose 3.24%. Gold slipped US$23 to US$3,291 while WTI gave back 1.3% to US$60.75.
💾 Seagate Technology (STX-Q) +4.24%
🚗 Tesla Inc (TSLA-Q) +1.92%
⚡ Enphase Energy (ENPH-Q) -19.63%
👨⚕️ Humana Inc (HUM-N) -7.58%
🏛 Coinbase Global (COIN-Q) +5%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +2.6%
🧬 MDA Ltd. (MDA-T) +7.6%
⚙ Aecon Group Inc (ARE-T) +3.82%
🧬 Celestica Inc (CLS-T) +3.74%
💾 Lightspeed Commerce Inc (LSPD-T) -7.97%
🏛 Toronto Dominion (TD-T) +3.24%
