Positive Friday, mixed week
The S&P closed Friday up 0.75%, the Nasdaq 1.15%, the Dow 0.49% and the TSX 0.94% as a better than expected U.S. employment numbers eased fears of a rate hike and encouraged buying. Meanwhile, WTI slid 1.55% to US$91.45, gold declined 0.85% and silver fell 0.75% to US$60.40. However the U.S. 10-year yield continued to climb up to 5.28%.
For the week, the S&P gave back 0.25%, the Nasdaq gained about 0.5%, the Dow fell 1.25% and the TSX declined 0.85%.
Key stocks in Toronto and New York: Teck Resources 5.34%, Allied Properties REIT -5.6%, Lundin Mining 5.17%, Telus -1.38%, Teradyne 8%, Hewlett Packard 7.39%, Nike -3.64%, Corteva -5.17% and ON Semiconductor 6.01%
⛏ Teck Resources Ltd. (B) (TECK.B.TO) +5.34%
🏛 Allied Properties REIT (AP.UN.TO) -5.6%
⛏ Lundin Mining Corp. (LUN.TO) +5.17%
📱 Telus Corp (T.TO) -1.38%
🧬 Teradyne Inc (TER) +8%
💾 Hewlett Packard Enterprise Co. (HPE) +7.39%
👟 Nike Inc (NKE) -3.64%
🌿 Corteva Inc. (CTVA) -5.17%
🧬 ON Semiconductor (ON) +6.01%
