Mixed stocks, but gold remains high

Allan Tong Posted On February 11, 2025

Tuesday saw little direction in markets as the S&P was flat for the day, the Dow gained 0.28% and the Nasdaq sank 0.36%.

Among the major movers was Tesla, sliding 6.34% after shrinking sales numbers overseas and a growing backlash surrounding Elon Musk’s partnership with Trump. Super Micro Computer reported and shares slid 9.47%. Meanwhile, DuPont rallied 6.85%, Intel popped 6.07%, but Palantir slid 3.45%. The U.S. 10-year yield edged up to 4.537% while Bitcoin retreated 1.75% to US$95,680.

Likewise, the TSX had a quiet session, declining 0.11% as only three sectors, led by energy, enjoyed gains. Leading the laggards were materials and healthcare. Key names on Bay Street included Parkland, soaring 13.01%, ERO Copper at -6.29%, Hudbay Minerals -5.69%, First Quantum Minerals -4.9% and Shopify rallying 2.93% after reporting. WTI rose 1.2% to US$73.20 while gold gave back US$9 to hover around all-time highs of US$2,898.

🚗 Tesla Inc (TSLA-Q) -6.34%

💾 Super Micro Computer (SMCI-Q) -9.47%

⚙ DuPont de Nemours Inc. (DD-N) +6.85%

💾 Intel (INTC-Q) +6.07%

💾 Palantir Technologies (PLTR-N) -3.45%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.75%

🚚 Parkland Fuel Corp (PKI-T) -13.01%

🥉 Ero Copper Corp (ERO-N) -6.29%

⛏ Hudbay Minerals (HBM-T) -5.69%

⛏ First Quantum Minerals (FM-T) -4.9%

🛍 Shopify Inc. (SHOP-T) -2.93%