Markets hit 52-week highs

Allan Tong Posted On December 19, 2023

The TSX and the major American indices hit fresh 52-week highs in a broad rally. The TSC rose 1.04% with every sector gaining except tech.

Major movers included Cenovus up 2.37%, TD 1.95%, Canfor soaring 12.34%, Interfor 11.8% and West Fraser Timber 10.17%. WTI climbed 1.35% to $73.50 a barrel.

On Wall Street, the S&P closed 0.45% higher, the Nasdaq 0.66% to 15,000, and the Dow added 0.52%. major movers ran across various. Pfizer rebounded 3.66%, Tesla 1.78% as the most-traded name, Illumina 7.75%, Estee Lauder 4.47% and Walgreens 4.34%. The U.S. 10-year yield edged down to 3.92% while Bitcoin slipped 1% to $42,200.

🛢 Cenovus Energy (CVE-T) +2.37%

🏛 Toronto Dominion (TD-T) +1.95%

🌲 Canfor Corp (CFP-T) +12.34%

🌲 Interfor Corp (IFP-T) +11.8%

🌲 West Fraser Timber (WFG-T) +10.17%

💉 Pfizer Inc (PFE-N) +3.66%

🚗 Tesla Inc (TSLA-Q) +1.78%

🧫 Illumina Inc. (ILMN-Q) +7.75%

💄 Estee Lauder (EL-N) +4.47%

💊 Walgreen Boots Alliance (WBA-Q) +4.34%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1%