TSX flat, Wall Street gains
The TSX was flat on Thursday as sectors were mixed. Energy led with WTI and WCS gaining over $1.50 per barrel to reach $75.50 and and $58.50 respectively. Earnings season continued.
Major movers were Bausch Health soaring 13.8% after a beat, Stantec jumped 9.33%, Gildan advanced another 6.05%, Suncor rose 2%, though Teck Resources (B class) sank 3.66%.
Markets wavered between positive and negative, but Wall Street finished higher to offset part of its recent losses. The S&P climbed 0.53% to return above 4,000, the Nasdaq rose 0.72% as semis surged, and the Dow added 0.34% to top 33,000. Major movers were Nvidia which rocketed 14.3%, AMD 4.36%, and Warner Bros. Discovery 1.91%, though it fell after hours after releasing its quarter. Meanwhile, General Motors sank 4.08% and Domino’s Pizza delivered a 12.06% loss. Bitcoin returned to $24,000 while the U.S. 10-year yield hovered around 3.84%.
👨⚕️ Bausch Health Companies Inc. (BHC-T) +13.8%
👨💼 Stantec Inc (STN-T) +9.33%
👕 Gildan Activewear Inc. (GIL-T) +6.05%
🛢 Suncor Energy Inc (SU-T) +2%
⛏ Teck Resources Ltd. (B) (TECK.B-T) -3.66%
💾 Nvidia Corp (NVDA-Q) +14.3%
💾 Advanced Micro Devices (AMD-Q) +4.36%
📺 Warner Bros. Discovery (WBD-Q) +1.91%
🚘 General Motors Corporation (GM-N) -4.08%
🍕 Domino’s Pizza, Inc. (DPZ-N) -12.06%
