Stocks wander the fog of war

Investors navigated conflicting and confusing signals from Tehran and particularly Washington as the Mideast war continued. On Tuesday, markets opened sharply lower, but the TSX closed 0.18% higher while the American indices remained in the red. 

Energy and materials led the way on Bay Street as tech and especially discretionary saw the worst losses in mixed trading. Energy prices rebounded with WTI up 4.3% to US$91.90, silver rose 2.15% to US$70.50 and gold added US$32 to US$4,440. Key names: Methanex jumped 9.24%, Cenovus 3%, Boralex 7.49% as it weighed going private, MDA Space sank 9.96% and Dollarama plunged 9.6% after issuing a disappointing quarter.

In New York, the S&P closed -0.37%, the Nasdaq -0.84% and the Dow -0.18%. Super Micro computer rallied 3.01%, Corning popped 8.43% and Dell advanced 7.49%, but Alphabet slid 3.85% and Estee Lauder tumbled 9.85%. Bitcoin lost nearly US$1,000 to US$69,900. The U.S. 10-year yield edged up to 4.362%.

🧫 Methanex Corp (MX-T) +9.24%

🛢 Cenovus Energy (CVE-T) +3%

💡 Boralex Inc. (BLX-T) +7.49%

🧬 MDA Space Ltd. (MDA-T) -9.96%

🛒 Dollarama Inc. (DOL-T) -9.6%

💾 Super Micro Computer (SMCI-Q) +3.01%

🧬 Corning Inc (GLW-N) +8.43%

💻 Dell Computers (DELL-N) +7.49%

🧮 Alphabet Inc (GOOG-Q) -3.85%

💄 Estee Lauder (EL-N) -9.85%