Stocks fade into close
The TSX resumed trading this shortened week but closed down 1% as only two sectors–energy and healthcare–emerged positive. Consumer staples and industrials led the laggards.
The most influential names were Manulife at -2.15%, Suncor 1.34%, CNQ 1.8% and Shopify -3.12%. WTI crude regained 1.4% however, to top $73 a barrel.
Washington continues to resolve the ceiling debt issue. Wall Street sank nearly across the board with the S&P finishing Tuesday at -1.12%, the Nasdaq -1.26%, and the Dow -0.69%. Healthcare stocks thrived with Moderna jumping 8.66% and Pfizer up 2.36%. Tesla slipped 1.52% as the most-traded name. Vacation stocks also didn’t fare well. Las Vegas Sands sank 6.52% and Wynne Resorts slumped 6.14%. The U.S. 10-year yield held at 3.7% while Bitcoin added 1.75% to surpass $27,100.
🏛 Manulife Financial (MFC-T) -2.15%
🛢 Suncor Energy Inc (SU-T) +1.34%
🛢 Canadian Natural Rsrcs (CNQ-T) +1.8%
🛍 Shopify Inc. (SHOP-T) -3.12%
💉 Moderna (MRNA-Q) +8.66%
💊 Pfizer Inc (PFE-N) +2.36%
🚗 Tesla Inc (TSLA-Q) -1.52%
♠ Las Vegas Sands Corp. (LVS-N) -6.52%
🏢 Wynne Resorts Ltd. (WYNN-Q) -6.14%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1.75%
