Wall St. extends Xmas rally
With the TSX closed Monday, Wall Street picked up the slack by extending its pre-Christmas gains to record heights. While the Dow advanced nearly 1%, both the Nasdaq and S&P rallied 1.39%. For the S&P, it set its 69th record close for 2021. There was green across the screen, led by cars, semis and energy. Telcos were a rare weak spot during typically light holiday volumes.
Among the big gainers: Tesla 2.52%, Fortinet 5.34%, Nvidia 4.4%, AMD 5.62%, Ralph Lauren 4.23% and Meta/Facebook 3.26%. Other megacap tech rallied as Apple and Microsoft climbed 2.3%.
Lagging were travel names, such as Las Vegas Sands, down 1.87% and Norwegian Cruise Lines losing 2.55%. Meanwhile, the U.S. 10-year yield slipped to 1.482%, gold held at $1,812 an ounce while Bitcoin advanced 1.8% to nearly $51,300. The TSX remains closed Tuesday.
🚗 Tesla Motors Inc (TSLA-Q) +2.52%
💻 Fortinet Inc (FTNT-Q) +5.34%
💾 Nvidia Corp (NVDA-Q) +4.4%
💿 Advanced Micro Devices (AMD-Q) +5.62%
🐎 Polo Ralph Lauren Corp. (RL-N) +4.23%
🕵️♂️ Meta Platforms Inc / Facebook (FB-Q) +3.26%
🍎 Apple (AAPL-Q) +2.3%
Ⓜ Microsoft (MSFT-Q) +2.3%
♠ Las Vegas Sands Corp. (LVS-N) -1.87%
🚢 Norwegian Cruise Line Holdings (NCLH-N) -2.55%
🅱 Bitcoin Cash (CRYPTO:BCH) +1.8%
