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Stocks edge up before inflation data

Melisa R. H. Posted On January 10, 2024
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market comment after the close

Wednesday saw markets on Wall and Bay streets climb cautiously ahead of the key U.S. inflation data. The S&P added 0.41%, the Dow 0.35% and the Nasdaq 0.57% to nearly 15,000. The U.S. 10-year yield held around 4.044%.

Key movers included Palo Alto up 5.2%, Intuitive Surgical leaping 10.13%, Meta rallying 3.67%, Etsy at -2.67% and MGM -2.65%.

The TSX closed 0.16% higher to crack 21,000 with more sectors up than down. Staples, industrials and tech led while energy lagged. Notable names: TD at -1.3% as the most influential name, Baytex -1.41%, Torex Gold 5.76%, Tilray -4.95% and Blackberry 4.07%. WTI crude slipped 1.25% to $71.30.

💾 Palo Alto Networks (PANW-N) +5.2%

🧫 Intuitive Surgical Inc. (ISRG-Q) +10.13%

🕵️‍♂️ Meta Platforms Inc / Facebook (META-Q) +3.67%

🛍 Etsy Inc. (ETSY-Q) -2.67%

♠ MGM Resorts International (MGM-N) -2.65%

🏛 Toronto Dominion (TD-T) -1.3%

🛢Baytex Energy Corp (BTE-T) -1,41%

🥇 Torex Gold Resources (TXG-T) +5.76%

🌿 Tilray Inc. (TLRY-Q) -4.95%

📱 BlackBerry (BB-T) +4.07%

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