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Flat Wednesday

Allan Tong Posted On April 19, 2023
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Markets on both sides of the border had another flat day amid ongoing earnings. The TSX shed 13 points and sectors were mixed. Consumer staples and industrials rose, but materials lagged.

Notable names included Suncor at -2.03% and Athabasca Oil -1.71% as WTI crude slipped 1.75% to $79 a barrel. Meanwhile, Richelieu Hardware surged 3.59% and Aritzia rallied 3.04%.

On Wall Street, the Nasdaq gained a few points and the S&P retreated a few, leaving both flat for the session. The Dow closed -0.23%. First Republic Bank jumped 12.24%, Intuitive Surgical popped 10.8% and Abbott Labs rose 7.83%. In contrast, Bank of America finished -1.78% and Tesla -2.13%, which released its latest quarter after the closing bell and saw shares dip. Gold held above $2,000 an ounce, the U.S. 10-year yield was 3.6%, and Bitcoin sank 3% to $29,700.

🛢 Suncor Energy Inc (SU-T) -2.03%
🛢 Athabasca Oil Sands Corp (ATH-T) -1.71%
💾 Richelieu Hardware (RCH-T) +3.59%
👗 Aritzia Inc. (ATZ-T) +3.04%
🏛 First Republic Bank (FRC-N) +12.24%
🧫 Intuitive Surgical Inc. (ISRG-Q) +10.8%
💊 Abbott Labs (ABT-N) +7.83%
🏛 Bank of America (BAC-N) -1.78%
🚗 Tesla Inc (TSLA-Q) -2.13%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -3%

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