Choppy session before tariffs

The NYSE and TSX saw a choppy Tuesday as stocks sank in the morning, rallied, fell, then closed on strength. Volumes were slightly lighter than usual as investors fretted over the next wave of Trumps tariffs to hit Canada, Mexico and other trading partners on April 2.

The TSX rose 0.47% with eight sectors rallying. Tech, utilities and energy led while telcos lagged the most. Most active was TD, down 1.55%, while Rogers sank 5.88%. Ivanhoe Mines jumped 7.69%, BRP 5.33% and First Quantum Minerals 4.91%. Gold gave back US$5 to US$3,188 as WTI declined 0.4% to US$71.20.

In New York, the S&P climbed 0.38%, the Nasdaq 0.87%, but the Dow slipped 11 points. Major movers: Vistra 4.09%, Ralph Lauren 3.71%, Tesla 3.59%, Johnson & Johnson -7.59% and Southwest Airlines -5.93%. Bitcoin rallied 3.2% to more than US$85,000. Meanwhile, the U.S. 10-year yield continued to slip, touching 4.165%.

🏛 Toronto Dominion (TD-T) -1.55%

📡 Rogers Communications (B) (RCI.B-T) -5.88%

⛏ Ivanhoe Mines Ltd (IVN-T) +7.69%

🛍 BRP INC. (DOO-T) +5.33%

⛏ First Quantum Minerals (FM-T) +4.91%

💡 Vistra (VST-N) +4.09%

🐎 Polo Ralph Lauren Corp. (RL-N) +3.71%

🚗 Tesla Inc (TSLA-Q) +3.59%

💊 Johnson & Johnson (JNJ-N) -7.59%

🛫 Southwest Airlines (LUV-N) -5.93%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +3.2%