Shares in Toronto and particularly New York fell after news that fresh car tariffs would be announced sometime after the closing bell. At 4:00 pm EST, the S&P was -1.12%, the Nasdaq -2.04% and the Dow -0.31%.
Tech dragged the indices down, as Nvidia closed -5.74%, Tesla -5.58%, and Super Micro Computer -8.86%. Meanwhile, Moderna sank 7% though Cintas rallied 5.82%. Bitcoin declined US$640 to US$87,255 while the U.S. 10-year yield edged up to 4.354%.
In Toronto, the TSX slipped 0.7% as eight sectors lost ground. Tech and healthcare fell the most while telcos outperformed all. Major movers: BRP 7.42%, South Bow 1.41%, First Quantum Minerals -5.74%, Celestica -9.9% and Teck Resources -6.09%. Gold held at US$3,019 while WTI climbed 1.2% to US$69.80.
💾 NVIDIA Corporation (NVDA-Q) -5.74%
🚗 Tesla Inc (TSLA-Q) -5.58%
💾 Super Micro Computer (SMCI-Q) -8.86%
💉 Moderna (MRNA-Q) -7%
🛍 Cintas Corp (CTAS-Q) +5.82%
🛍 BRP INC. (DOO-T) +7.42%
🏗 South Bow Corp (SOBO-N) +1.41%
⛏ First Quantum Minerals (FM-T) -5.74%
🧬 Celestica Inc (CLS-T) -9.9%
⛏ Teck Resources Ltd. (B) (TECK.B-T) -6.09%
