Mixed, mild Monday
The week began in a relatively quiet tone as investors, particularly on Wall Street, await key earnings and the U.S. Fed’s next interest rate announcement later this week. The S&P closed up 0.13%, the Nasdaq -0.43% and the Dow 0.28% as eight of 11 S&P sectors finished in the green. Energy and utilities rallied, but tech and retail lagged.
Performing well were Pioneer Natural Resources up 5.61%, Deere at 3.43%, Intuitive Surgical 3.46%, Exxon up 3.33% and Marathon at 6.57% as the oil companies enjoyed a field day. Heading down were Salesforce at 2.84%, Domino’s Pizza slipping 2.83%, Hasbro losing 3.04% and Newmont tanking 13.23%. The U.S. 10-year yield inched up to 2.8% while Bitcoin slipped 3% to below $22,100.
The TSX rose 0.52% after energy popped, though tech and materials lagged. WTI added over 2% to nearly $97 as WCS advanced about 2.5% to over $76. Big gainers were Gran Tierra Energy by 7.53%, Precision Drilling up 6.73%, Birchcliff Energy 6.45%, and Athabasca Oil up 6.16%. Heading south were Kinross Gold at -4.52%, Barrick Gold -3.33% and Agnico Eagles Mines -5.15%.
🛢 Pioneer Natural Resources (PXD-N) +5.61%
🦌 Deere & Co. (DE-N) +3.43%
🧫 Intuitive Surgical Inc. (ISRG-Q) +3.46%
🛢 Exxon Mobil (XOM-N) +3.33%
🛢 Marathon Oil (MRO-N) +6.57%
💨 SalesForce.com Inc. (CRM-N) -2.84%
🍕 Domino’s Pizza, Inc. (DPZ-N) -2.83%
🧩 Hasbro Inc (HAS-Q) -3.04%
🥇 Newmont Goldcorp (NGT-T) -13.23%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -3%
🛢 Gran Tierra Energy Inc. (GTE-T) +7.53%
🏗 Precision Drilling (PD-T) +6.73%
🛢 Birchcliff Energy Ltd. (BIR-T) +6.45%
🛢 Athabasca Oil Sands Corp (ATH-T) +6.16%
🥇 Kinross Gold (K-T) -4.52%
🥇 Barrick Gold (ABX-T) -3.33%
⛏ Agnico-Eagle Mines (AEM-T) -5.15%