Stocks slide pre-Nvidia, jobs data

Markets in New York and Toronto began the week by selling off, especially into the close. The decline precedes Wednesday much-anticipated earnings from Nvidia as well as U.S. September jobs data, delayed because of the recent U.S. government shutdown. At Monday’s close, the S&P stood at -0.92%, the Nasdaq -0.84% and the Dow -1.18%. Alphabet was one of the few winners, jumping after Berkshire Hathaway revealed a large a stake in the company. Both classes of GOOG rallied 3.11%. Meanwhile, Nvidia closed -1.88%, Dell -8.43%, Expedia -7.75% and Coinbase -7.06%. Bitcoin slipped 1.85% to US$91,700. The U.S. 10-year yield edged up to 4.133%.

The TSX performed relatively better, but still declined 0.83%. Staples was among only four sectors that gained while tech, materials and real estates led the laggards. Key movers: Baytex -4.06%, Stantec -6.18%, Superior Plus 5.72%, Colliers 4.77% and Brookfield Asset Management -4.14%. Gold gave back US$39 to US$4,044 while WTI slipped 0.57% to US$58.75.

🧮 Alphabet Inc (GOOG-Q) +3.11%

💾 NVIDIA Corporation (NVDA-Q) -1.88%

💻 Dell Computers (DELL-N) -8.43%

✈ Expedia (EXPE-Q) -7.75%

🏛 Coinbase Global (COIN-Q) -7.06%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.85%

🛢 Baytex Energy Corp (BTE-T) -4.06%

🧱 Stantec Inc (STN-T) -6.18%

🚚 Superior Plus Corp (SPB-T) +5.72%

🏛 Colliers International Group (CIGI-T) +4.77%

🏛 Brookfield Asset Management Inc. (BAM-N) -4.14%