Muted Monday

As shoppers hunted for bargains online and in stores, markets returned to business, though trading was quiet. The TSX shed 0.3% though remained above 20,000 while the Nasdaq and S&P both closed a handful of points down and the Dow slipped 0.18%.

Black Friday certainly benefited Shopify which announced all-time record sales by its retail partners which sent shares popping 4.4%. Their good news was echoed by Etsy rallying 2.97% and Nuvei rising 3.86%. In Toronto, most sectors were down as tech was the only space that showed true strength, while industrials and energy sank the most. Osisko Mining jumped 6.83% and Dye & Durham rose 5.14%, though CNQ closed -2.5%. WTI crude continued to slump, declining 0.7% to $75 a barrel.

Winners on Wall Street included Domino’s Pizza which delivered a 4.52% rally. However, Albemarle closed -6.28%, and Illumina -3.75%. The U.S. 10-year yield continued to fade, hovering around 4.385% while Bitcoin sank 1.45% to just below $37,000.

Starting tomorrow, Bay Street will focus on bank earnings.

🛍 Shopify Inc. (SHOP-T) +4.4%

🛍 Etsy Inc. (ETSY-Q) +2.97%

💾 Nuvei Corp (NVEI-T) +3.86%

⛏ Osisko Mining (OSK-T) +6.83%

💾 Dye & Durham (DND-T) +5.14%

🛢 Canadian Natural Rsrcs (CNQ-T) -2.5%

🍕 Domino’s Pizza, Inc. (DPZ-N) +4.52%

⛏ Albemarle Corp (ALB-N) -6.28%

🧫 Illumina Inc. (ILMN-Q) -3.75%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.45%