Stocks fade, Bitcoin ETF false alarm

Markets on Bay and Wall streets gave back some of Monday’s impressive gains in a session that saw little direction. The TSX closed -0.44% with only tech and telcos rallying. Materials and financials led the laggards.

Of note were TD which closed -4.4%, Tilray -9.29%, Nutrien -4.07%, Shopify -3.47% and Denison Mines which jumped 6.31%. WTI regained 2% to $72.20 though investors are keeping an eye on events at the Red Sea.

In New York, the S&P shed seven points as most sectors declined, especially energy and materials. Meanwhile, the Nasdaq rose 14 points and the Dow closed -0.42%. Big movers were Tesla at -2.28%, Charles River Laboratories -5.17%, Illumina popping 4.55%, and Hewlett Packard sliding nearly 9% after buying Juniper Networks, which rocketed 21.81%. The U.S. 10-year yield ticked edged up to 4.0219%. After the bell, a hacked Tweet announced that the SEC had greenlit Bitcoin ETFs, but the SEC immediately corrected to state that it had not approved these ETFs. The crypto itself sank 1.1% to $46,500, then spiked, then fell.

🏛 Toronto Dominion (TD-T) -4.4%

🌿 Tilray Inc. (TLRY-Q) -9.29%
🌿 Nutrien Ltd. (NTR-T) -4.07%

🛍 Shopify Inc. (SHOP-T) -3.47%

⛏ Denison Mines Corp (DML-T) +6.31%

🚗 Tesla Inc (TSLA-Q) -2.28%

💊 Charles River Labs Intl (CRL-N) -5.17%

🧫 Illumina Inc. (ILMN-Q) +4.55%

💻 Hewlett-Packard Co (HPQ-N) -9%

💾 Juniper Networks (JNPR-N) +21.81%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.1%