Tech extends slide
Tech continued to tumble to extend Tuesday’s sell off. The S&P closed -1.61%, the Nasdaq -1.98% and the Dow -1.87%. Key names: Super Micro Computer -27.98%, Nvidia -3.73%, Micron -4.7% and Amazon -2.53%. While the U.S 10-year yield held at 4.548%, Bitcoin slipped 0.5% to US$61,790.
The TSX declined 0.7% as sectors were mixed. Energy rallied after WTI jumped 2.5% to US$90.40, but silver slid nearly 3% to US$63.90 and gold fell 4.5% to US$4,070. Sectors were mixed. Materials and healthcare fared the worst. Key names: Constellation Software 5.66%, CNQ 1.94%, Telus -2.98%, Cenovus 2.75% and Barrick -4.97%.
💾 Super Micro Computer (SMCI) -27.98%
💾 NVIDIA Corporation (NVDA) -3.73%
💾 Micron Technology (MU) -4.7%
📦 Amazon.com, Inc. (AMZN) -2.53%
🅱 Bitcoin (BTCUSD) (BTC-USD) -0.5%
💾 Constellation Software Inc. (CSU.TO) +5.66%
🛢 Canadian Natural Rsrcs (CNQ.TO) +1.94%
📱 Telus Corp (T.TO) -2.98%
🛢 Cenovus Energy (CVE.TO) +2.75%
⛏ Barrick Mining (ABX.TO) -4.97%