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Spreadsheet
Recent days of gains may have triggered investors to take profits on Thursday as stocks, starting with tech, sold off. The session ended on weakness, leaving the Nasdaq at -2.57%, the Dow -0.49% and the S&P -1.42%. Notably, the U.S. 10-year yield did not rise as tech fell. In fact, the yield dipped below 1.7% by the closing bell. The Dow components were largely mixed, with industrials leading.
Boeing added nearly 3%, travel names like American Airlines climbed 4.54%, Ford rose 2.25% and Biogen jumped 5%. However, Microsoft closed -4.23%, Salesforce -3.87%, Nvidia -5.09% and Tesla -6.75%.
In Toronto, the TSX had to contend with declining oil prices as WTI sank around 1.5% to $81.50 a barrel and WCS retreated nearly 3% to below $68. The Toronto index fell half-a-percent though tech and materials fared worse than energy stocks. Financials and industrials enjoyed modest gains. Crescent Point Energy shed nearly 5%, Baytex lost 3.79% and Denison Mines slid 4.49%. Heading up were CNQ by almost 2%, Corus soared 6%, Linamar advanced nearly 4% and Sleep Country added 3.76%. Meanwhile, Bitcoin fell 2.5% to around $42,700.
🛫 Boeing (BA-N) +3%
✈ American Airlines Group (AAL-Q) +4.54%
🚘 Ford Motor (F-N) +2.25%
🧫 Biogen IDEC Inc. (BIIB-Q) +5%
Ⓜ Microsoft (MSFT-Q) -4.23%
💨 SalesForce.com Inc. (CRM-N) -3.87%
💾 Nvidia Corp (NVDA-Q) -5.09%
🚗 Tesla Motors Inc (TSLA-Q) -6.75%
🛢 Crescent Point Energy Corp (CPG-T) -5%
🛢 Baytex Energy Corp (BTE-T) -3.79%
⛏ Denison Mines Corp (DML-T) -4.49%
🛢 Canadian Natural Rsrcs (CNQ-T) +2%
📡 Corus Entertainment (B) (CJR.B-T) +6%
🚙 Linamar Corp (LNR-T) +4%
🛏 Sleep Country Canada (ZZZ-T) +3.76%
🅱 Bitcoin Cash (CRYPTO:BCH) -2.5%
