Dow hits record close
The TSX reopened to mixed trading and a modest 0.12% decline by the close. Materials and real estate rallied the most, but telcos fell the furthest. Precious metals gained ground: silver up 3.1% to US$60.80 and gold added US$89 to US$4,119.Despite the Strait of Hormuz reopening, the price of WTI held around US$68.50. Key names on Bay Street included Thomson Reuters jumping 9.31%, Aecon 8.77%, B2Gold 8.46%, Hammond Power Solutions -11.49% and Telus -3.6%.
In New York, the Dow rallied nearly 600 points to make a record close of 52,900. The S&P was flat while the Nasdaq declined -0.8% as several tech names sold off. Sandisk tumbled 14.13%, Tesla sank 7.49% and Intel slid 5.25%. However, Apple rebounded 4.84% and outside tech Moderna spiked 10.01%. Bitcoin rose 2.22% to US$61,400 while the U.S. 10-year yield held at 4.485%.
🖨 Thomson Reuters Corp (TRI.TO) +9.31%
🧱 Aecon Group Inc (ARE.TO) +8.77%
🥇 B2Gold Corp. (BTO.TO) +8.46%
🧬 Hammond Power Solutions Inc. (HPS.A.TO) -11.49%
📱 Telus Corp (T.TO) -3.6%
💾 Sandisk Corp (SNDK) -14.13%
🚗 Tesla Inc (TSLA) -7.49%
💾 Intel (INTC) -5.25%
🍎 Apple Inc (AAPL) +4.84%
💉 Moderna (MRNA) +10.01%
🅱 Bitcoin (BTCUSD) (BTC-USD) -2.22%
