Stocks rebound to begin the year

After a post-Christmas slump, markets in Toronto and New York began 2026 up: the TSX 0.54% or 170 points. the S&P 0.19%, the Dow 0.66% and the Nasdaq essentially flat, down 6 points. On Bay Street, nine sectors were positive, led by healthcare and energy while tech lagged the most. Most active were CNQ up 1.36%, Cenovus 3.57% and the Bank of Nova Scotia 1.16% while Energy Fuels soared 15.39% and Denison Mines jumped 13.74%.

In New York, Micron rallied 10.51%, Western Digital 8.96%, Intel 6.72%, Sandisk 15.95% and AppLovin which sank 8.24%. Silver, which has been volatile lately, regained 1.2% to US$72.40, gold increased $9 to US$4,328 and WTI held at US$57.30. Bitcoin rose US$1,670 to US$89,940. The U.S. 10-year yield edged up to 4.195%.

🛢 Canadian Natural Rsrcs (CNQ-T) +1.36%

🛢 Cenovus Energy (CVE-T) +3.57%

🏛 Bank of Nova Scotia (BNS-T) +1.16%

⛏ Energy Fuels Inc. (EFR-T) +15.39%

⛏ Denison Mines Corp (DML-T) +13.74%

💾 Micron Technology (MU-Q) +10.51%

💾 Western Digital (WDC-Q) +8.96%

💾 Intel (INTC-Q) +6.72%

🧬 SanDisk Corp (SNDK-Q) +15.95%

💾 AppLovin Corporation (APP-Q) -8.24%