TSX makes new high, Wall Street mixed
After a strong Q1, the second quarter began on a mixed note. The TSX edged up 18 point to a new high of 22,185, even though more sectors were down than up. Energy and materials accounted for most of the gains while staples and real estate led the laggards.
Of note were Ballard Power surging 18.04%, Iamgold 9.29%, Nexgen 8.74%, the Bank of Nova Scotia at -2.45% and Northwest Healthcare REIT -4.05%. WTI crude added 0.9% to $84 a barrel, while gold climbed $22 to $2,270 an ounce to continue its winning streak.
The picture was mixed on Wall Street. While the Nasdaq added 17 points, the S&P declined 0.2% and the Dow shed 0.6%. Making moves were Micron rallying 5.44% to a new high, 3M jumping 6.02%, Wynn Resorts 4.24%, and Walgreens -9.91%. After a new filing revealed heavy losses and more to come, Trump Media shares tanked 21.47%. Meanwhile, the U.S. 10-year yield edged up to 4.317% while Bitcoin sank 2.5% to $69,500.
🧬 Ballard Power Systems (BLDP-T) +18.04%
🥇 Iamgold Corp (IMG-T) +9.29%
⚡ NexGen Energy (NXE-T) +8.74%
🏛 Bank of Nova Scotia (BNS-T) -2.45%
🏛 NorthWest Health Prop Real Est Inv Trust (NWH.UN-T) -4.05%
💾 Micron Technology (MU-Q) +5.44%
💾 3M Co. (MMM-N) +6.02%
♠ Wynne Resorts Ltd. (WYNN-Q) +4.24%
💊 Walgreen Boots Alliance (WBA-Q) -9.91%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2.5%