TSX joins Wall Street rally
The TSX climbed 0.46% Tuesday, surpassing gains made by the S&P at 0.31% and the Nasdaq of 0.44%. The S&P made another all-time high while the Nasdaq rose to a new 52-week high. All but two sectors on Bay Street were green, led by consumer staples and materials.
Key movers were Iamgold which soared 15.11%, Nuvei 6.84% after striking a deal with Adobe, Hudbay Minerals 6.71%, Cenovus 0.99% and BRP Inc. which closed -4.29%. WTI crude slipped 0.3% to $74.50.
Trading was a little choppy in New York as the Dow declined 0.24% to return below 38,000, a day after reaching that summit for the first time. Earnings influenced many of the biggest movers. United Airlines beat and climbed 5.41%. 3M plunged nearly 11% after offering weak guidance, and DR Horton sank 9.09% after offering a mixed quarter. Elsewhere, Verizon jumped 6.62% and American Airlines 2.53%. The U.S 10-year yield crept up to 4.136%, and Bitcoin slipped nearly 1% to $39,100.
💾 Nuvei Corp (NVEI-T) +6.84%
⛏ Hudbay Minerals (HBM-T) +6.71%
🛢 Cenovus Energy (CVE-T) +0.99%
🚜 BRP INC. (DOO-T) -4.29%
🛫 United Airlines Holdings (UAL-Q) +5.41%
💾 3M Co. (MMM-N) -11%
🧱 D R Horton Inc. (DHI-N) -9.09%
📱 Verizon Communications (VZ-N) +6.62%
🛫 American Airlines Group (AAL-Q) +2.53%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1%