Quiet Tuesday

Allan Tong Posted On March 25, 2025

Considering the hurly-burly of recent weeks, markets on both sides of the border were calm on Tuesday. Stocks wobbled slightly until the TSX closed 0.14% higher, the Dow flat, the S&P up nine points and the Nasdaq 0.46%. In Toronto, sectors were mixed as gains in staples and materials roughly balanced losses in real estate and healthcare.

Gold, which has been sailing at new highs recently, added US$9 to US$3,020, while Torex Gold soared 7.39% and Sandstorm Gold jumped 7.13%. Elsewhere, BRP closed -6.88%, Nutrien -4.81% and CNQ climbed 0.84% as the most-active name. WTI crude was flat at US$69.20 a barrel.

Similarly, Bitcoin inched US$180 higher to US$88,060 as the U.S. 10-year yield hovered around 4.317%. Major movers in New York: Tesla 3.5%, International Paper 6.49%, UPS -5.05%, Merck -4.81% and Regeneron -4.06%. All eyes remain on the next round of Trump tariffs on April 2, while the Canadian election kicks into high gear.

🥇 Torex Gold Resources (TXG-T) +7.39%

🥇 Sandstorm Gold Ltd. (SSL-T) +7.13%

⚙ BRP INC. (DOO-T) -6.88%

🌿 Nutrien Ltd. (NTR-T) -4.81%

🛢 Canadian Natural Rsrcs (CNQ-T) +0.84%

🚗 Tesla Inc (TSLA-Q) +3.5%

📃 International Paper (IP-N) +6.49%

📦 United Parcel Services (UPS-N) -5.05%

💊 Merck & Company (MRK-N) -4.81%

🧫 Regeneron Pharmaceuticals Inc (REGN-Q) -4.06%