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Spreadsheet
Ongoing escalation in Russia’s invasion of Ukraine and the backdrop of hot inflation continued to weigh on markets Monday as both tech stocks and oil sold off. WTI sank 7% to below $102 and WCS sank over 8.5% to $88. Oil’s weakness, joined by materials, pushed the TSX down by 1.34%. The only sector to enjoy any gains was financials.
The most-traded stocks were CNQ at -4.41%, Suncor -2.64%, Cenovus -5.95%, Shopify -5.32%, Dye & Durham -3.94% and BCE -3.26%. The few gainers included Aritzia, up 3.57% and Cineplex, adding 3%. Turquoise Hill Resources rocketed over 32% after Rio Tinto’s bid to buy it.
The picture was only marginally better on Wall Street as the S&P closed -1.29%, the Dow -0.7% and the Nasdaq -2.18%. Tech bore the brunt of the selling yet again. Eyes were on Apple, which fell beneath a key level of support by 2.66% to finish just above $150. Affirm Holdings sank 15%, Amazon slipped 2.52% and Chinese stocks continued to fall as Baidu slipped 8.37%. The few bright spots included BioNTech jumping 12% and AMC rallying nearly 7%. Bitcoin slipped 0.3% to stay below $39,000 while gold retreated nearly 2% to $1,950. Meanwhile, the U.S. 10-year yield surged to 2.147%.
🛢 Canadian Natural Rsrcs (CNQ-T) -4.41%
🛢 Suncor Energy Inc (SU-T) -2.64%
🛢 Cenovus Energy (CVE-T) -5.95%
🛍 Shopify Inc. (SHOP-T) -5.32%
💾 Dye & Durham (DND-T) -3.94%
📡 BCE Inc. (BCE-T) -3.26%
👗 Aritzia Inc. (ATZ-T) +3.57%
🎞 Cineplex Inc (CGX-T) +3%
⛏ Turquoise Hill Resources (TRQ-T) +32%
🍎 Apple (AAPL-Q) -2.66%
🏛 Affirm Holdings (AFRM-Q) -15%
📦 Amazon.com (AMZN-Q) -2.52%
🈲 Baidu.com (BIDU-Q) -8.37%
👨⚕️ BioNTech (BNTX-Q) +12%
📺 AMC Entertainment Holdings Inc. (AMC-N) +7%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -0.3%
