TSX up, Wall St. down
Thursday saw another choppy session with stocks swinging between negative and positive, though Canadian markets ended higher. The TSX rose 0.47% as materials and tech rallied even further than energy.
Major movers were ATS Automation jumping nearly 12%, Lightspeed soaring 10.11%, Barrick Gold rallying 4.36% and Xebec Adsorption rising 12.82%. Heading down were Cascades by 4.32%, CP down 2.29% and Telus slipping 2.26%. Both WTI and WCS gained around $1.80 per barrel to top $111 and $94 respectively. The U.S. 10-year yield edged down to 2.842%.
Things were less rosy on Wall Street. The S&P closed -0.58%, the Nasdaq -0.26% and the Dow -0.75%. Again, tech led losses, starting with Cisco which plunged 13.73% after a disappointing report, Apple slipping 2.46%, Walmart losing another 2.74% and Hewlett Packard retreating 4.57%. However, PayPal regained 5.31%, Freeport-McMoran rose 3.9% and Booking Holdings rallied 2.59% on the cusp of summer. Meanwhile, Bitcoin bounced 3% to return abvoe $30,000.
🚘 ATS Automation (ATA-T) +12%
💾 Lightspeed Commerce Inc (LSPD-T) +10.11%
🥇 Barrick Gold (ABX-T) +4.36%
🧬 Xebec Adsorptions Inc (XBC-T) +12.82%
📦 Cascades Inc (CAS-T) -4.32%
🚚 Canadian Pacific Rail (CP-T) -2.29%
📡 Telus Corp (T-T) -2.26%
💾 Cisco (CSCO-Q) -13.73%
🍎 Apple (AAPL-Q) -2.46%
🛒 Walmart Inc (WMT-N) -2.74%
💻 Hewlett-Packard Co (HPQ-N) -4.57%
💳 PayPal Holdings Inc. (PYPL-Q) +5.31%
⛏ Freeport McMoran Copper & Gold (FCX-N) +3.9%
🧳 Booking Holdings Inc. (BKNG-Q) +2.59%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +3%
