Trade hopes lift markets

Allan Tong Posted On June 10, 2025

As China and the U.S. entered the second day of trade talks in London, markets edged higher in hopes of a resolution. The S&P rose 0.55%, the Nasdaq 0.63% and the Dow 0.25%, all reaching towards their all-time highs.

Intel was one of the biggest names, jumping 7.81%, Caesars Entertainment 5.7%. Tesla 5.67%, Warner Bros. Discovery 5.04% and J M Smucker -15.59%. The U.S. 10-year yield hovered around 4.474% while Bitcoin climbed 0.7% to US$109,585.

Meanwhile, in Toronto the TSX added 0.19%, also approaching its all-time high as all sectors but materials rallied. Healthcare, staples and discretionary were the biggest winners. Major movers were Baytex up 6.4%, CNQ 1.73%, Suncor 1.64%, Tilray 5.45% and Linamar 4.82%. Gold held at US$3,324 as WTI crude slipped 0.6% to US$64.90.

💾 Intel (INTC-Q) +7.81%

♠ Caesars Entertainment (CZR-Q) +5.7%

🚗 Tesla Inc (TSLA-Q) +5.67%

📺 Warner Bros. Discovery (WBD-Q) +5.04%

🍭 J. M. Smuckers Co. (SJM-N) -15.59%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +0.7%

🛢 Baytex Energy Corp (BTE-T) +6.4%

🛢 Canadian Natural Rsrcs (CNQ-T) +1.73%

🛢 Suncor Energy Inc (SU-T) +1.64%

🌿 Tilray Inc. (TLRY-Q) +5.45%

🚘 Linamar Corp (LNR-T) +4.82%