Financials lead TSX to record close
Financials, healthcare and materials helped lift the TSX 425 points or 1.22% higher to a record close of 35,227. Only two sectors, including telcos, lost ground. Silver rose 1.7% to US$73.85 while gold added 1% to US$4,480. Peace prospects in the Middle East pressured WTI by three dollars to US$93.05. Key names on Bay Street included Bausch Health up 5.94%, Constellation Software 5.5%, Royal Bank 1.93% to a new high, and TransAlta sinking 10.36%.
On Wall Street, the Dow also made a record close after climbing 1.73% while the S&P advanced 0.41% and the Nasdaq lost a handful of points.Major movers: Broadcom -12.59%, Micron -7.74%, Bank of America 3.38%, Humana 6.8% and Blackstone 7.5%. The U.S. 10-year yield held at 4.47% while Bitcoin continued to slide, down 2.5% to US$63,305.
👨⚕️ Bausch Health Companies Inc (BHC) +5.94%
💾 Constellation Software Inc. (CSU.TO) +5.5%
🏛 Royal Bank (RY.TO) +1.93%
💡 Transalta Corp (TA.TO) -10.36%
🧬 Broadcom (AVGO) -12.59%
💾 Micron Technology (MU) -7.74%
🏛 Bank of America (BAC) +3.38%
👨⚕️ Humana Inc (HUM) +6.8%
🏛 Blackstone Group LP (BX) +7.5%
🅱 Bitcoin (BTCUSD) (BTC-USD) -2.5%