Tech rallies, but lags in June
The TSX was flat on Tuesday, up 33 points, and gained 0.25% in June. Sectors were mixed with tech rallying the furthest and staples and telcos selling off the most. For instance, Telus closed -2.15% and BCE -3.45%. Other major movers were MDA Space, soaring 8.5%, Celestica up 6.15% and TC Energy, down 3.45%. In commodities, silver rose 1.45% to US$59.10, gold held around US$4,105 and WTI declined about 1% to US$70.10.
In New York, the Nasdaq rallied 2.07% but sank 2.8% for the month. The S&P advanced 0.78% on Tuesday but slid1% in June, while the Dow gained 0.26% for the session and 2.5% for the month. The driving force remains tech. Key names were Sandisk, leaping 10.89%, Nvidia 2.63%, Intel 6.01%, Apple 2.7% and AT&T -5.13%. Bitcoin continued to slump, shedding 2.6% to US$58,660. The U.S. 10-year yield climbed to US4.555%.
📱 Telus Corp (T.TO) -2.15%
📡 BCE Inc. (BCE.TO) -3.45%
🧬 MDA Space Ltd. (MDA.TO) +8.5%
🧬 Celestica Inc (CLS.TO) +6.15%
🛢 TC Energy (TRP.TO) -3.45%
💾 Sandisk Corp (SNDK) +10.89%
💾 NVIDIA Corporation (NVDA) +2.63%
💾 Intel (INTC) +6.01%
🍎 Apple Inc (AAPL) +2.7%
📱 AT&T (T) -5.13%
🅱 Bitcoin (BTCUSD) (BTC-USD) -2.6%
