Markets settle, but Wall Street sinks for the week
After two rollercoaster sessions, markets on Friday settled and oil held steady. The S&P rose 0.32%, the Nadaq 1.09%, and the Dow slipped -0.46%. However, the American indices tumbled for the week, down 2.7%, 3.35% and 1%, respectively. In contrast, the TSX gained 0.46% on Friday and for the week. WTI held at US$90.50. In other commodities, silver added 0.26% to US$51.80, though gold declined 0.6% to US$4,065. Meanwhile, the U.S. 10-year yield inched up to 4.859%, and Bitcoin held at US$75,810.
Major movers in New York: Coherent 13.58%, Airbnb 11.67%, DraftKings -21.30% after slashing earnings guidance, and Nvidia 2.68% and Intel 7.71% as the most active American names. In Toronto: Telus -2.88%, Trisura Group 29.92%, Parex Resources -16.55%, Iamgold 8.09% and Silvercorp Metals 7.61%.
🧬 Coherent, Inc. (COHR) +13.58%
🏢 Airbnb (ABNB) +11.67%
🎞 DraftKings (DKNG) -21.3%
💾 NVIDIA Corporation (NVDA) +2.68%
💾 Intel (INTC) +7.71%
📱 Telus Corp (T.TO) -2.88%
🏛 Trisura Group (TSU.TO) -29.92%
🛢 Parex Resources Inc. (PXT.TO) -16.55%
🥇 Iamgold Corp (IMG.TO) +8.09%
⛏ Silvercorp Metals Inc. (SVM.TO) +7.61%
