Mixed Tuesday
Markets were lackluster Tuesday, though closed with modest gains. The TSX added 0.25% with sectors being mixed. Once again, materials and energy rallied, but discretionary, tech and real estate lagged.
Making news was WSP Global which was hit by a short-seller’s report and closed -5.44%. Tilray soared 16.72%, First Majestic Silver shone 16.36% though Shopify finished the day -3.43%. Struggling Indigo went private and shares rocketed 22.39%. Gold edged up ever higher to $2,300 an ounce while WTI advanced 0.5% to $85.50 a barrel.
Also lacking direction was Wall Street, which saw the S&P gain 0.11% and the Dow lose just as much. The Nasdaq climbed 0.23%. Paramount Global jumped 14.97%, GE 6.7%, Micron added 4.35% but Ulta Beauty finished the session -15.55% and Intel closed -8.16% after a disappointing quarter. The U.S. 10-year yield held around 4.34% though Bitcoin rose 0.45% to $65,800.
🧱 WSP Global Inc. (WSP-T) -5.44%
🌿 Tilray Inc. (TLRY-Q) +16.72%
⛏ First Majestic Silver (FR-T) +16.36%
🛍 Shopify Inc. (SHOP-T) -3.43%
📚 Indigo Books & Music Inc. (IDG-T) +22.39%
🎞 Paramount Global (PARA-Q) +14.97%
🧬 General Electric (GE-N) +6.7%
💾 Micron Technology (MU-Q) +4.35%
💄 Ulta Salon Cosmetics and Fragrance Inc. (ULTA-Q) -15.55%
💾 Intel (INTC-Q) -8.16%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +0.45%