TSX and Dow make highs, tech sinks
Tuesday markets looked like Monday’s after the TSX and Dow made new closing highs while tech and crude oil declined. In Toronto, outsized gains in materials largely offset losses in seven sectors, including discretionary, tech and energy. The Canadian index gained 0.32% to 35,390. Most active were CNQ at -1.76%, B2Gold 2.24% and Barrick Mining 2.32%. Meanwhile, Cenovus slipped 3.24% and SSR Mining jumped 10.21%. Gold added US$21 to US$4,333, while silver held just below $70, and WTI sank another 5.15% to US$76.60 during the US-Iran ceasefire.
In New York, the Dow made yet another record close, this time advancing 0.64%, though the S&P slipped 0.57% and the Nasdaq fell 1.15%. tech suffered major losses with Nvidia declining 2.37% and Intel tumbling 8.45%. Meanwhile, Moderna rallied 6.27%, Take-Two Interactive bounced 6.35% as Cboe Global Markets cratered by 9.45%. Bitcoin fell over 1.1% to US$65,755. The U.S. 10-year yield slipped to 4.437%.
🛢 Canadian Natural Rsrcs (CNQ.TO) -1.76%
🥇 B2Gold Corp. (BTO.TO) +2.24%
⛏ Barrick Mining (ABX.TO) +2.32%
🛢 Cenovus Energy (CVE.TO) -3.24%
⛏ SSR Mining (SSRM.TO) +10.21%
💾 NVIDIA Corporation (NVDA) -2.37%
💾 Intel (INTC) -8.45%
💉 Moderna (MRNA) +6.27%
💾 Take-Two Interactive Software (TTWO) +6.35%
🏛 CBOE Holdings Inc. (CBOE) -9.45%
🅱 Bitcoin (BTCUSD) (BTC-USD) -1.1%
