Stocks drift down, but silver recovers
There’s still no sign of a Santa Claus rally as markets continued to fade on Tuesday. On the last full trading day of the year, the S&P closed -0.14%, the Nasdaq -0.24% and the Dow -0.2%. The TSX almost finished in the green, but wound up sinking eight points.
Sectors were mixed on Bay Street with energy outperforming all as tech sank the deepest. Key names included Energy Fuels at -5.72%, Aecon -2.89%, but CNQ up 2.15%, Aya Gold & Silver 5.52% and ERO Copper 4.19%. Minerals bounced back as silver recovered by $4 to US$76.10 and gold climbed $15 to US$4,347. WTI shed 0.28% to trade around US$57.90.
On Wall Street, AES rose 2.62%, Occidental Petroleum 2.6%, Intel 1.69%, Williams-Sonoma -3.07% and Moderna -2.38%. Bitcoin edged up 1% to US$88,075. The U.S. 10-year yield remained at 4.124%.
⛏ Energy Fuels Inc. (EFR-T) -5.72%
⚙ Aecon Group Inc (ARE-T) -2.89%
🛢 Canadian Natural Rsrcs (CNQ-T) +2.15%
⛏ Aya Gold & Silver (AYA-T) +5.52%
⛏ Ero Copper Corp (ERO-N) +4.19%
💡 AES (AES-N) +2.62%
🛢 Occidental Petroleum Corp (OXY-N) +2.6%
💾 Intel (INTC-Q) +1.69%
🛒 Williams-Sonoma Inc. (WSM-N) -3.07%
💉 Moderna (MRNA-Q) -2.38%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1%
