Yields and oil pause, stocks climb

Yields and crude oil took a breather on Thursday to allow stocks to enjoy some gains. The U.S. 10-year yield dipped below 5% and WTI slipped 1.2% to US$101.20. The TSX rallied 1.09% or 386 points as materials outperformed all sectors by a mile. Silver rose 3.6% to US$65.15 and gold advanced US$80 to US$4,343. Only two sectors, including utilities, lost ground on Bay Street. Meanwhile in New York, the S&P advanced 1.14%, the Nasdaq 1.69% and the Dow 0.62%.

Key names in Toronto: CNQ 1.07%, Restaurant Brands International -2.28%, BlackBerry 3.93%, Rogers -2.21% and Capstone Copper 5.33%. In New York, semis continued to rule: Intel 7.67%, Nvidia 2.54% and Super Micro Computer 9.5%. Meanwhile, T-Mobile sank 5.57% and Paramount Skydance tumbled 4.63%.

🛢 Canadian Natural Rsrcs (CNQ.TO) +1.07%

🍽 Restaurant Brands International (QSR) -2.28%

📱 BlackBerry (BB.TO) +3.93%

📡 Rogers Communications (B) (RCI.B.TO) -2.21%

⛏ Capstone Copper Corp (CS.TO) +5.33%

💾 Intel (INTC) +7.67%

💾 NVIDIA Corporation (NVDA) +2.54%

💾 Super Micro Computer (SMCI) +9.5%

📱 T-Mobile US (TMUS) -5.57%

🎞 Paramount Skydance Corporation (PSKY) -4.63%