Tech leads U.S. stocks down

Some tech heavy-hitters suffered losses on Tuesday that led American markets down and pressured the TSX.

Palantir closed -9.35%, AMD -5.44% and Nvidia -3.5% though Intel rallied 6.97% and Prologis 5.05%. The Nasdaq tumbled 1.46% while the S&P shed 0.59% and the Dow added 10 points. Meanwhile, the U.S. 10-year yield hovered around 4.308% as the market awaits U.S. Fed Chair Jay Powell’s interest rate comments on Friday. Bitcoin sank 2.85% to US$113,140.

Toronto suffered smaller losses, down 0.35% as sectors were mixed. Industrials and real estate led, but could not match losses in healthcare, materials and tech. Major movers: TFI International 3.36%, CNQ -1.12%, Enbridge 1.52%, Energy Fuels -17.5% and Aya Gold & Silver -6.7%. In commodities, gold declined US$16 to US$3,315 while WTI sank 1.5% to US$62.50.

💾 Palantir Technologies (PLTR-Q) -9.35%

💾 Advanced Micro Devices (AMD-Q) -5.44%

💾 NVIDIA Corporation (NVDA-Q) -3.5%

💾 Intel (INTC-Q) +6.97%

🏛 Prologis (PLD-N) +5.05%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2.85%

🚚 TFI International Inc (TFII-T) +3.36%

🛢 Canadian Natural Rsrcs (CNQ-T) -1.12%

🛢 Enbridge (ENB-T) +1.52%

🛢 Energy Fuels Inc. (EFR-T) -17.5%

⛏ Aya Gold & Silver (AYA-T) -6.7%