BoC holds rates, Apple hits high
Trading was mixed in Toronto as financials and telcos rallied the hardest while tech and materials slid the most. The TSX gained 0.26% or 91 points. To little surprise, the Bank of Canada held the prime lending rate at 2.25%.Silver declined 1.65%, gold added US$8 to US$4,060 while WTI edged up almost a dollar to US$4,060 as war raged between the U.S. and Iran. Major movers on Bay Street: EQB 9.6%, BlackBerry -3.23%, Bird Construction 13.37%, Aecon 9.06% and Energy Fuels -4.46%.
In New York, PPI, producer’s inflation, came in lower than expected in June. Sentiment was positive as the S&P gained 0.38%, the Nasdaq 0.62% and the Dow 0.29%. PayPal soared 17.2% after a report it could be bought out, Blackrock rallied 6.63%, Dell tumbled 9.8%, Intel slid 4.43% while Apple rose 4% to a new high. Bitcoin edged up 0.6% to US$64,910. The U.S. 10-year yield slipped to 4.553%.
🏛 Equitable Group (EQB.TO) +9.6%
📱 BlackBerry (BB.TO) -3.23%
🧱 Bird Construction (BDT.TO) +13.37%
⚙ Aecon Group Inc (ARE.TO) +9.06%
⛏ Energy Fuels Inc. (EFR.TO) -4.46%
💳 PayPal Holdings Inc. (PYPL) +17.2%
🏛 Blackrock Inc. (BLK) +6.63%
💻 Dell Computers (DELL) -9.8%
💾 Intel (INTC) -4.43%
🍎 Apple Inc (AAPL) +4%
🅱 Bitcoin (BTCUSD) (BTC-USD) +0.6%
