Stocks rise, oil eases
After a recent run-up, crude oil prices relaxed on Tuesday as the WTI declined 1.8% to US$101.80. Energy was the only negative sector on the TSX while healthcare, real estate and tech rallied the most. Major movers included BlackBerry up 7.89%, Bombardier 4.45%, CGI 3.87%, Chartwell Retirement Residences 3.82% and Hammond Power Solutions -6.05%. Gold edged down 0.4% to US$4,125, but silver climbed 1.25% higher to US$57.70.
In New York, the Nasdaq was flat, the S&P gained 0.28% and the Dow rose over 1%. Strong earnings helped lift the indices, including Equifax up 11.33% and Hasbro 11.2%. Moderna rallied 6.69%, GM slid 6.84% and 3M jumped 5.78%. The U.S. 10-year yield slipped to 5.113% while Bitcoin climbed US$660 to US$82,575.
📱 BlackBerry (BB.TO) +7.89%
🧬 Bombardier Inc (B) (BBD.B.TO) +4.45%
💾 CGI Group (A) (GIB.A.TO) +3.87%
🏛 Chartwell Retirement Residences (CSH.UN.TO) +3.82%
🧬 Hammond Power Solutions Inc. (HPS.A.TO) -6.05%
🏛 Equifax Inc. (EFX) +11.33%
🧩 Hasbro Inc (HAS) +11.2%
💉 Moderna (MRNA) +6.69%
🚘 General Motors Corporation (GM) -6.84%
💾 3M Co. (MMM) +5.78%