U.S. stocks high highs despite trade clouds
The week ended with the S&P and Nasdaq climbing to new highs, despite Trump halting trade talks with Canada. The two indices rallied 0.52% on Friday with the S&P gaining about 3.5% for the week and the Nasdaq 4.25% The Dow rose 1% for the session and 3.8% for the week.
Major movers on Wall Street included Coinbase at -5.77%, Equinix 5.31%, Boeing 5.91%, Palantir -9.37% and Nike soaring 15.19% after a surprise beat. The U.S. 10-year yield remained around 4.27% while Bitcoin gave back 0.7% to just over US$107,000.
The TSX declined a modest 0.22% from its all-time high on Friday, though advanced about 0.75% for the week. Gold sank US$55 to US$3,279 and WTI slipped 0.2% to US$65.15. Key names were CAE climbing 5.28%, TC Energy 2.43%, EQB 5.02%, Lundin Gold – 7.92% and Energy Fuels -5.84%. Materials were among the four lagging sectors while tech and healthcare led the winners.
🏛 Coinbase Global (COIN-Q) -5.77%
🏛 Equinix, Inc. (EQIX-Q) +5.31%
🛫 Boeing (BA-N) +5.91%
💾 Palantir Technologies (PLTR-Q) -9.37%
👟 Nike Inc (NKE-N) +15.19%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -0.7%
⚙ CAE Inc (CAE-T) +5.28%
🛢 TC Energy (TRP-T) +2.43%
🏛 Equitable Group (EQB-T) +5.02%
🥇 Lundin Gold Inc. (LUG-T) -7.92%
🛢 Energy Fuels Inc. (EFR-T) -5.84%
