Markets down on Wednesday

The S&P/TSX composite saw a +0.10% change for today’s session, the Nasdaq composite was -0.72% and the Dow up +0.08%. Some trending stocks for the day include: NVIDIA Corporation -0.76%, Snowflake -0.86% and Qualcomm -6.34%. The most active stocks today include Great West Lifeco +0.28%, while Canadian Natural Rsrcs saw +0.36%. Manulife Financial also saw a […]

Markets up on Tuesday

The S&P/TSX composite saw a +0.14% change for today’s session, the Nasdaq composite was +1.04% and the Dow up -0.32% Some trending stocks for the day include C3.ai, Inc. +24-19%, NVIDIA Corporation +4.89 and Super Micro Computer +32.23%. The most active stocks today include Enbridge +0.52%, while Suncor Energy Inc saw +0.02%. Canadian Natural Rsrcs also saw […]

Stocks climb ahead of Fed announcement

Allan Tong Posted On March 19, 2024

Stocks in New York and Toronto marched upwards Tuesday on the eve of the U.S. Fed’s next interest rate announcement. The S&P advanced 0.53%, the Nasdaq 0.82% and the Dow 0.2%. The U.S. 10-year yield held around 4.33%.

Once more, the semis were in the spotlight at AMD closed -4.84% and Super Micro Computer -8.96%. Meanwhile, AES rose 4.43%, International Paper 10.96% and Apple 1.23%. However, Bitcoin sank 5.75% down to $63,700.

Across the border, the TSX added 0.14% as seven of 11 sectors gained, led by consumer staples and discretionary while materials lagged the most. Notable names included Gildan jumping 10.84%, Baytex 3.07%, BlackBerry -5.6%, First Majestic Silver -5.56% and West Fraser Timer advancing 3.23%. Gold stayed around $2,160 as WTI added another 0.88% to $83.45.

💾 Advanced Micro Devices (AMD-Q) -4.84%

💾 Super Micro Computer (SMCI-Q) -8.96%

💡 AES (AES-N) +4.43%

📖 International Paper (IP-N) +10.96%

🍎 Apple Inc (AAPL-Q) +1.23%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -5.75%

👕 Gildan Activewear Inc. (GIL-T) +10.84%

🛢 Baytex Energy Corp (BTE-T) +3.07%

📱 BlackBerry (BB-T) -5.06%

⛏ First Majestic Silver (FR-T) -5.56%

🌲 West Fraser Timber (WFG-T) +3.23%