Mixed markets during Midterm vote
New York and Toronto markets were mixed as Americans voted at the Midterm elections. Polls heavily favour the Democrats. The S&P gained 0.36%, the Nasdaq 0.83%, the Dow -0.38% and the TSX -0.75% or about 270 points. Tech stabilized after recent heavy selling. Key U.S. names included Oracle up 5.85&, Fiserv 12.46%, Sysco -9.33%, Kimberly-Clark -3.5% and Bloom Energy rallying 9.05% on an upgrade. On the TSX: Toromont 846%, Barrick -2.2%, Curaleaf 10.91%, Shopify -8.02% after reporting earnings, and Thomson Reuters -9% which also missed earnings. Sectors were mixed with healthcare outperforming all while tech and materials sank the most.
Meanwhile, the U.S. 10-year yield edged up to 4.96% while Bitcoin added 1.5% to US$77,865. Silver slid 1.7% to US$49.65, gold fell US$18 to US$,3928 and WTI reclaimed 0.5% to US$96.60 as threats of attacks in the U.S.-Iran war hangs over peace talks.
💻 Oracle (ORCL) +5.85%
🏛 Fiserv, Inc. (FI) +12.46%
🚚 Sysco Corp (SYY) -9.33%
🧻 Kimberly Clark (KMB) -3.5%
🧬 Bloom Energy (BE) +9.05%
⚙ Toromont Industries (TIH.TO) +8.46%
⛏ Barrick Mining (ABX.TO) -2.2%
🌿 Curaleaf Holdings Inc (CURA.TO) +10.91%
🛍 Shopify Inc. (SHOP.TO) -8.02%
🖨 Thomson Reuters Corp (TRI.TO) -9%
🅱 Bitcoin (BTCUSD) (BTC-USD) +1.5%