Markets edge up to record highs

Allan Tong Posted On July 21, 2025

Markets closed on weakness on Monday, but still closed at record highs after gaining a handful of points. The S&P inched 0.1% higher, the Nasdaq 0.4%, the Dow 14 points and the TSX by nearly three points or 0.1%.

The U.S. is in the thick of earnings season, and Verizon jumped 4.04% after reporting. Elsewhere, Alphabet rallied 2.72%, EQT – 9.55% and Coterra Energy -5.33%. The U.S. 10-year yield slipped to 4.378% while Bitcoin retreated nearly 1% to US$117,060.

Trading on Bay Street was also mixed as outsized gains matched losses in energy and other lagging sectors. Major names: CNQ -1.11%, Enbridge -1.41%, Manulife -1.28%, Novagold Resources 8.96% Centerra Gold 7.19%. Though WTI slimped by 0.5% to US$67, gold shone by US$48 to US$3,398.

📱 Verizon Communications (VZ-N) +4.04%

🧮 Alphabet Inc (GOOG-Q) +2.72%

🛢 EQT Corporation (EQT-N) -9.55%

🛢 Coterra Energy (CTRA-N) -5.33%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1%

🛢 Canadian Natural Rsrcs (CNQ-T) -1.11%

🛢 Enbridge (ENB-T) -1.41%

🏛 Manulife Financial (MFC-T) -1.28%

🥇 NovaGold Resources Inc (NG-T) +8.96%

🥇 Centerra Gold Inc (CG-T) +7.19%