Flat Wall Street

Q3 began with a flat session in New York after the Dow rose 0.91%, but the S&P slipped 0.11% and the Nasdaq shed 0.82%. The U.S. 10-year yield stayed around 4.249% while Bitcoin hovered around US$106,200 and WTI remained at US$65.45. The Fed’s Jerome Powell revealed he would have cut the key interest rate by now if it wasn’t for Trump’s tariffs. The most influential names on Wall Street were Nvidia at -2.97%, Tesla -5.34%, Apple 1.29%, Warner Bros. Discovery -4.54%, Ford 4.11% and Palantir -4.14%. The TSX was, of course, closed for Canada Day and will reopen on Wednesday.