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TD weighs on TSX

Melisa R. H. Posted On August 26, 2021
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market comment after the close

TD reported an earnings beat on Thursday but missed expectations. The stock tumbled 2.39% and helped drag the TSX down 0.4%. Financials, discretionary and staples lahhed though industrials and real estate rose.

Arc Resources jumped 4.84% and Tourmaline surged nearly 4% thpugh Lithium Americas slid 5.26%.

On wall street, all the major indices gave back 0.5% after hitting recent highs. The same sectors lagged and rallied as in Toronto though some tech names excelled. Etsy jumped 5.1% and Salesforce 2.66% while Dollar Tree plunged 12% and Western Digital slid 4.47%.

🏛 Toronto Dominion -2.39%
🛢 Arc Resources Ltd +4.84%
🛢 Tourmaline Oil Corp +4%
🥈 Lithium Americas Corp -5.26%
🛍 Etsy Inc. +5.1%
💨 SalesForce.com Inc. +2.66%
🌲 Dollar Tree -12%
💾 Western Digital -4.47%

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