A choppy yet flat Thursday

Allan Tong Posted On April 18, 2024

Markets lacked a definitive direction in Toronto and New York as the TSX and S&P were flat for the session. Meanwhile, the Dow advanced 0.26% and the Nasdaq declined 0.29%. In Toronto, most sectors lagged, particularly staples and energy, but were offset by strong performances in materials and utilities.

Enbridge traded the most hands as it climbed 1.7%. First Quantum Minerals closed 8.86%, Silvercrest Metals 6.01%, Aritzia -3.3% and International Petroleum -2.99%. Gold edged up to US$2,380 while WTI was flat at US$82.75 a barrel.

Also, standing pat was the the U.S. 10-year yield at 4.63%. However, United Airlines soared 6.14% and Estee Lauder rallied 4.93%. On the downside, Las Vegas closed the day at -8.54%, Tesla -3.17% and Micron -3.34%. Bitcoin rebounded 3.4% to $63,350.

🛢 Enbridge (ENB-T) +1.7%

⛏ First Quantum Minerals (FM-T) +8.86%

⛏ SilverCrest Metals Inc (SIL-T) +6.01%

👗 Aritzia Inc. (ATZ-T) -3.3%

🛢 International Petroleum Company (IPCO-T) -2.99%

🛫 United Airlines Holdings (UAL-Q) +6.14%

💄 Estee Lauder (EL-N) +4.93%

♠ Las Vegas Sands Corp. (LVS-N) -8.54%

🚗 Tesla Inc (TSLA-Q) -3.17%

💾 Micron Technology (MU-Q) -3.34%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +3.4%