Markets extend advances

Allan Tong Posted On August 21, 2024

No dramatic moves, but markets in Toronto and New York continued to rise Wednesday. The TSX added 0.33% as several mining names rallied, including Equinox Gold by 4.92% and Calibre Mining by 7.66%. Also, Northwest Healthcare REIT rose 6.49% while Canada Goose closed -3.21% and CNQ -0.31% as the most-active name. Gold was basically flat around US$5,210 while WTI crude sank 1.25% to US$72.

In New York, the S&P advanced 0.42%, the Nasdaq 0.57% and the Dow by 0.16%. Apparel had a good session after Target reported and jumped 10.25%, and TJX rallied 7.07%. Albemarle closed the session 5.15% higher, but Walgreens finished -3.31% and American Express -2.69% after a downgrade. The U.S. 10-year continued to slip, down to 3.8% while Bitcoin jumped 4.3% to US$61,550.

🥇 Equinox Gold (EQX-T) +4.92%

⛏ Calibre Mining Corp. (CXB-X) +7.66%

🏛 NorthWest Health Prop Real Est Inv Trust (NWH.UN-T) +6.49%

🧣 Canada Goose Holdings (GOOS-T) -3.21%

🛢 Canadian Natural Rsrcs (CNQ-T) -0.31%

🥻 Target Corp (TGT-N) +10.25%

👚 TJX Companies (TJX-N) +7.07%

⛏ Albemarle Corp (ALB-N) +5.15%

🚚 Walgreen Boots Alliance (WBA-Q) -3.31%

🏛 American Express (AXP-N) -2.69%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +4.3%