The TSX ended the week up 1.7% despite shedding 0.41% on Friday. Only three sectors gained, led by healthcare, while telcos, materials and discretionary led the other eight sectors don.
Major movers: Premium Brands popped 4.61%, CargoJet 3.93%, CNQ -1.5%, Orla Mining -4.58% and Telus -4.72% after a downgrade. Gold slipped US$23, but remained at highs around US$3,021, while WTI inched up by 0.25% to US$68.25.
On Wall Street, the Nasdaq barely broke even for the week, though climbed 0.52% on Friday. The S&P added 0.5% for the week while the Dow rose 1.2%. On Friday, both indices edged up by 0.08%. Key names: Super Micro Computer 7.86%, Tesla 5.27%, Viatris -3.07%, Micron -8.04% and FedEx -6.45% after reporting. The U.S. 10-year yield edged up to 4.25% while Bitcoin sank US$680 to US$83,825. For the time being, investors are waiting for April 2 when the next round of Trump tariffs (perhaps) drop.
🚚 Premium Brands Holdings Corp (PBH-T) +4.61%
🛫 Cargojet Inc (CJT-T) +3.93%
🛢 Canadian Natural Rsrcs (CNQ-T) -1.5%
⛏ Orla Mining (OLA-T) -4.58%
📱 Telus Corp (T-T) -4.72%
💾 Super Micro Computer (SMCI-Q) +7.86%
🚗 Tesla Inc (TSLA-Q) +5.27%
👨⚕️ Viatris (VTRS-Q) -3.07%
💾 Micron Technology (MU-Q) -8.04%
📦 FedEx (FDX-N) -6.45%
