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Spreadsheet
The week began with the major indices adding to Friday’s losses, which were triggered by hawkish comments made about interest rates by U.S. Fed chief, Jay Powell. The sell-off Monday wasn’t a surprise, though the TSX nearly finished in the green at only -0.19%. In contrast, the S&P closed -0.67%, the Nasdaq -1.02%, and the Dow -0.57%.
As on Friday, tech saw the biggest losses as semis like AMD shed nearly 3%. There were losses across most sectors: Bristol-Myers Squibb at -6.24%, Lumen Technologies -4.37%, 3M -2.09% and AMD -2.95%. The only bright spot was energy. Diamondback jumped 4% and Halliburton added 2.57%. The U.S. 10-year yield climbed ot 3.11% as Bitcoin rallied 3% past $20,000.
Back in Toronto, energy rallied as WTI leapt 4% to nearly $97 a barrel. However, industrials, consumer staples and materials sank. Big movers were Denison Mines up 12.15%, Cameco at 9.1%, and Tamarack Valley Energy at 5.62%. heading down were TFI International -6.47%, Lithium Americas at -3.83% and Great-West Lifeco -2.84%.
💊 Bristol Myers Squibb (BMY-N) -6.24%
📡 Lumen Technologies Inc (LUMN-N) -4.37%
💾 3M Co. (MMM-N) -2.09%
💾 Advanced Micro Devices (AMD-Q) -2.95%
💎 Diamondback Energy (FANG-Q) +4%
🛢 Halliburton Co (HAL-N) +2.57%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +3%
⛏ Denison Mines Corp (DML-T) +12.15%
⛏ Cameco Corporation (CCO-T) +9.1%
🛢 Tamarack Valley Energy (TVE-T) +5.62%
🚚 TFI International Inc (TFII-T) -6.47%
⛏ Lithium Americas Corp (LAC-T) -3.83%
🏛 Great West Lifeco (GWO-T) -2.84%
