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S&P hits high as markets climb

Allan Tong Posted On March 27, 2024
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Toronto and New York markets edged higher Wednesday in broad-based buying, sending the S&P to a new high of 5,246, up 0.82%. The Nasdaq rose 0.47% and the Dow advanced more than 450 points or 1.19%.

Apple was the most-traded name and rallied 2.03%. Intel jumped 4.07%, Albemarle 8.14% and Cintas 8.12%, but Nvidia sank 2.35%. The U.S. 10-year yield came in at 4.19% as Bitcoin retreated 1.6% to nearly $68,900.

Here at home, the TSX added 0.73% to approach all-time highs. Only tech lost ground and only mildly. Industrials, discretionary and especially materials led the gainers. Of note were TC Energy closing -2.02%, TD up 1.52%, Manulife 1.83%, and Mag Silver 9.48%. Alamos Gold bought Argonaut Gold and the former shot up 6.88%. WTI crude was flat at $81.70 but gold edged up to $2,139 an ounce.

🍎 Apple Inc (AAPL-Q) +2.03%

💾 Intel (INTC-Q) +4.07%

⛏ Albemarle Corp (ALB-N) +8.14%

🛍 Cintas Corp (CTAS-Q) +8.12%

💾 NVIDIA Corporation (NVDA-Q) -2.35%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.6%

🛢 TC Energy (TRP-T) -2.02%

🏛 Toronto Dominion (TD-T) +1.52%

🏛 Manulife Financial (MFC-T) +1.83%

⛏ Mag Silver Corp (MAG-T) +9.48%

🥇 Alamos Gold Inc (AGI-T) +6.88%

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