U.S. jobs numbers pressure stocks
On Tuesday, the U.S. unemployment rate rose from 4.4% to 4.6%, a four-year high. The news pressured stocks on Wall and Bay streets: the S&P -0.24%, the Dow -0.62%, the TSX -0.63% or 199 points, though the Nasdaq gained 0.23%. The U.S. 10-year yield edged down to 4.147%.
Key movers in New York included Comcast, up 5.39%, Pfizer -3.4%, Humana -6.03%, Tesla 3.07% and Warner Bros. Discovery -2.73% as the battle over its future continues. In Toronto, Only three sectors enjoyed gains, but healthcare rocketed on continuing reports that the White House will reclassify cannabis. Curaleaf soared 23.37% while Gildan rallied 5.5%, NFI jumped 12.27%, CNQ dipped 3.72% and Cenovus slipped 4.77%.
Silver more or less remained steady at US$63.52, still historically high, while gold hovered around US$4,300. WTI sank another 3% to US$55.15.
📡 Comcast Corp (CMCSA-Q) +5.39%
💉 Pfizer Inc (PFE-N) -3.4%
👨⚕️ Humana Inc (HUM-N) -6.03%
🚗 Tesla Inc (TSLA-Q) +3.07%
📺 Warner Bros. Discovery (WBD-Q) -2.73%
🌿 Curaleaf Holdings Inc (CURA-T) +23.37%
👕 Gildan Activewear Inc. (GIL-T) +5.5%
🚚 New Flyer Industries Inc. (NFI-T) +12.27%
🛢 Canadian Natural Rsrcs (CNQ-T) -3.72%
🛢 Cenovus Energy (CVE-T) -4.77%
