Post-Fed rally

Call it a delayed reaction to the U.S. Fed cutting interest rates by 50 basis points the day before. On Thursday, markets in New York and Toronto soared to new highs. All but the Nasdaq made records. The Nasdaq leapt 2.51%, the S&P 1.7% to 5,713 and the Dow 1.26% to 42,025.

Major movers: Darden Restaurants 8.25%, Tesla 7.36%, Nvidia 3.7%, Apple 3.71% and PayPal 6.09%. The U.S. 10-year yield actually climbed to 3.723% while Bitcoin rallied 2.4% to nearly US$63,200.

Across the border, the TSX jumped 1.16% to 23,866. Gold also outperformed by adding US$30 to US$2,588 while WTI crude advanced 1.6% to US$72. The two most-active stocks stocks jumped 2.42%–CNQ and TD, which replaced its CEO. Gold helped miners Ivanhoe rally 6.53% and Lundin by 5.6%. Meanwhile, Celestica soared 5.61%.

🍛 Darden Restaurants (DRI-N) +8.25%

🚗 Tesla Inc (TSLA-Q) +7.36%

💾 NVIDIA Corporation (NVDA-Q) +3.7%

🍎 Apple Inc (AAPL-Q) +3.71%

💳 PayPal Holdings Inc. (PYPL-Q) +6.09%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +2.4%

🛢 Canadian Natural Rsrcs (CNQ-T) +2.42%

🏛 Toronto Dominion (TD-T) +2.42%

⛏ Ivanhoe Mines Ltd (IVN-T) +6.53%

⛏ Lundin Mining Corp. (LUN-T) +5.6%

🧬 Celestica Inc (CLS-T) +5.61%