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Spreadsheet
On Monday, stocks looked like they would extend last week’s deep losses as the Toronto and New York indices tanked. However, late in the session, American stocks underwent a surprise rally to close in the positive. While the TSX shed 0.82% to nearly fall to 21,000, the S&P advanced 0.58%, the Nasdaq rose 1.29% and the Dow 0.71%. In contrast, the U.S. 10-year yield inched down to 2.82%. Perhaps news of the Twitter board accepting Elon Musk’s buyout offer lifted sentiment.
Major movers included Alphabet, class C up 3.04%, Fortinet 6.31%, Moderna 7.18% and Equifax 4.81%, while Verizon shed 3.14%, Deere tumbled 4.48%, Exxon slid 3.37% and Baker Hughes lost 4.53%.
Healthcare, financials and even tech were up. Oil was down on both sides of the border as WTI dropped 3% to $99 and WCS to $86.60. In Toronto, energy stocks were the most active and the biggest losers: Enbridge 1.56%, Athabasca Oil -3.54% and Cenovus -4.64%. The winners were Valens up 6.77%, Spin Master 6.61% and Lightspeed up 5.29% as tech mounted a revival. Finally, Bitcoin climbed 1.4% to top $40,000.
🧮 Alphabet Inc. / Google (GOOG-Q) +3.04%
💾 Fortinet Inc (FTNT-Q) +6.31%
💉 Moderna (MRNA-Q) +7.18%
🏛 Equifax Inc. (EFX-N) +4.81%
📱 Verizon Communications (VZ-N) -3.14%
🦌 Deere & Co. (DE-N) -4.48%
🛢 Exxon Mobil (XOM-N) -3.37%
🛢 Baker-Hughes (BHGE-Q) -4.53%
🛢 Enbridge (ENB-T) -1.56%
🛢 Athabasca Oil Sands Corp (ATH-T) -3.54%
🛢 Cenovus Energy (CVE-T) -4.64%
🌿 The Valens Company (VLNS-T) +6.77%
🧸 Spin Master Corp (TOY-T) +6.61%
💾 Lightspeed Commerce Inc (LSPD-T) +5.29%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1.4%
