All sectors on the TSX rallied as the Canadian index surged 1.3% to 25,809. Tech, materials and healthcare led the way, fueled by Celestica which soared 14.34% on a blowout quarter. Other winners were Fortuna, up 9.24%, First Majestic Silver 8.1%, Tilray 7.89% and Brookfield Corp. by 2.96% to a record high. WTI advanced 0.55% to US$73 while gold touched an intraday high, eventually adding US$35 to US$2,794.
Wall Street dealt with a flurry of earnings, which lifted all the indices modestly higher: the S&P 0.53%, the Nasdaq 0.25% and the Dow 0.38%. Tesla climbed 2.87% despite missing its numbers, but promising growth. Microsoft beat, but reported weakness in Azure, and shares were punished by 6.18%. UPS met its numbers, but announced that it was slashing its Amazon business in half. Those shares tanked 14.11%. Meta beat and climbed 1.55% to a record high. Other earnings winners and losers: ServiceNow -11.44%, Vistra 13.59% and IBM 12.96%. Bitcoin rose 1.37% to US$105,170. The U.S. 10-year yield edged down to 4.524%.
🧬 Celestica Inc (CLS-T) +14.34%
🥈 Fortuna Silver Mines (FVI-T) +9.24%
🥈 First Majestic Silver (AG-N) +8.1%
🌿 Tilray Inc. (TLRY-Q) +7.89%
🏛 Brookfield Corp (BN-T) +2.96%
🚗 Tesla Inc (TSLA-Q) +2.87%
Ⓜ Microsoft Corp (MSFT-Q) -6.18%
📦 United Parcel Services (UPS-N) -14.11%
🕵️♀️ Meta Platforms Inc / Facebook (META-Q) -1.55%
💨 Servicenow (NOW-N) -11.44%
💡 Vistra (VST-N) +13.59%
💾 IBM Common Stock (IBM-N) -12.96%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1.37%
