Markets on edge before Trump war deadline

New York and Toronto markets zigzagged on Tuesday as they struggled to find direction in the face of Trump’s threat to bomb civilian targets in Iran this evening. Investors weren’t sure if Trump would back down (the TACO trade) or go ahead with committing crimes against humanity and deepening the war. The S&P, Nasdaq and TSX were essentially flat after gaining a handful of points, while the Dow sank 0.18%. Even the price of silver was unchanged, around US$72.75, and the U.S. 10-year yield held at 4.3%. 

On Wall Street, Paramount Skydance soared 10.71%, while health stocks UnitedHealth popped 9.33% and Humana 8%. However, Apple slipped 2.2% and The Trade Desk declined 6.8%. In Toronto, sectors were mixed with energy prevailing, but healthcare and telcos lagged the most. Key names: Telus -2.57%, CNQ 1.49%, Goeasy -6.61%, Wesdome Gold 6.75% and B2Gold 1.85%. Gold itself rose 1.2% to US$4,705 while WTI shed US$1 to US$111.40.

🎞 Paramount Skydance Corporation (PSKY-Q) +10.71%

👨‍⚕️ UnitedHealth Group Inc (UNH-N) +9.33%

👨‍⚕️ Humana Inc (HUM-N) +8%

🍎 Apple Inc (AAPL-Q) -2.2%

💾 Trade Desk (TTD-Q) -6.8%

📱 Telus Corp (T-T) -2.57%

🛢 Canadian Natural Rsrcs (CNQ-T) +1.49%

🏛 goeasy (GSY-T) -6.61%

⛏ Wesdome Gold Mines Ltd. (WDO-T) +6.75%

🥇 B2Gold Corp. (BTO-T) +1.85%