Markets grind higher amid Mideast war
Call it optimism or wishful thinking, but markets on Tuesday extended gains as the US-Israel-Iran war ground on and the Strait of Hormuz is blocked. The S&P gained 1.18%, the Nasdaq 1.96%, the Dow and TSX both up 0.66%. WTI sank 7% to US$92.10.
On Wall Street, Nvidia advanced 3.8% as the most-active name, Robinhood soared 10.35%, Micron 9.17%, Delta 6.94% and Intel -2.1%. In Toronto, Aya Gold & Silver rallied 8.27%, Ivanhoe Mines 5.75% and Bombardier 8.1%. Tech and financials led seven sectors higher while energy lagged the most with CNQ down 2.91% and Cenovus slipping 2.31%. Gold increased US$100 to $4,840 and silver popped 5.4% to US$79.50. The U.S. 10-year yield edged down to 4.248%.
💾 NVIDIA Corporation (NVDA-Q) +3.8%
💾 Robinhood (HOOD-Q) +10.35%
💾 Micron Technology (MU-Q) +9.17%
🛫 Delta Air Lines Inc (DAL-N) +6.94%
💾 Intel (INTC-Q) -2.1%
⛏ Aya Gold & Silver (AYA-T) +8.27%
⛏ Ivanhoe Mines Ltd (IVN-T) +5.75%
🧬 Bombardier Inc (B) (BBD.B-T) +8.1%
🛢 Canadian Natural Rsrcs (CNQ-T) -2.91%
🛢 Cenovus Energy (CVE-T) -2.31%
