Mideast peace hopes drive TSX to record close
With U.S. markets closed for a holiday, the TSX surged 0.88% or over 300 points to a record close of 34,774. Minerals soared, leading every sector except energy higher. Silver jumped 3.4% to nearly US$78 while gold climbed over US$60 to US$4,570. Winners included Hudbay Minerals, up 8.94%, First Quantum Minerals 8.36% and Capstone Copper 7.44%. The price of WTI crude plunged by 6.5% to US$90.30 a barrel as Baytex slid 5.2% and Whitecap Resources tumbled 3.69%. Meanwhile, Bitcoin advanced over 1% to US$77,385.
⛏ Hudbay Minerals (HBM-T) +8.94%
⛏ First Quantum Minerals (FM-T) +8.36%
🥉 Capstone Copper Corp (CS-T) +7.44%
🛢 Baytex Energy Corp (BTE-T) -5.2%
🛢 Whitecap Resources (WCP-T) -3.69%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1%
