Mild and mixed before earnings
Tuesday’s session saw modest declines and increases on the cusp of major earnings reports. The TSX was essentially flat, shedding 0.08% as sectors were mixed. Consumer staples rebounded sharply while energy slumped.
Major gainers were Shaw Communications up 2.78% and Interfor at 7.05% while major losers were Tourmaline Oil at -2.3%, Shopify -3.09% and Magna International -7.22%. WTI oil declined 1.8% by stayed above $80. CN Rail reported a beat after the close.
On Wall Street, the S&P was basically flat, down 0.07%, the Nasdaq -0.27%, and the Dow added 0.31%. Major movers: 3M -5.95%, Alphabet (A class) -2.47%, Raytheon 3.23%, Molson Coors 2.83% and Monster Beverage 2.66%. After hours, Microsoft kicked off earnings season for megatech stocks and shares jumped over 4%. The U.S. 10-year yield was 3.46% as Bitcoin climbed 0.75% past $23,000.
📡 Shaw Communication (B) (SJR.B-T) +2.78%
🌲 Interfor Corp (IFP-T) +7.05%
🛢 Tourmaline Oil Corp (TOU-T) -2.3%
🛍 Shopify Inc. (SHOP-T) -3.09%
⚙ Magna International (MGA-N) -7.22%
💾 3M Co. (MMM-N) -5.95%
🧮 Alphabet Inc. / Google (GOOG-Q) -2.47%
🧬 Raytheon (RTX-N) +3.23%
🍻 Molson Coors Brewing Company (TAP-N) +2.83%
⚡ Monster Beverage Corp (MNST-Q) +2.66%
Ⓜ Microsoft (MSFT-Q) +4%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +0.75%
