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Wall St. makes new highs

Allan Tong Posted On November 2, 2021
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The Dow 0.39%, the S&P 0.37% and the Nasdaq 0.34%. Notable gainers included Pfizer which jumped 4.15%, Cisco up 2.71%, chipmakers like Nvidia adding 1.92% and Under Armour soaring 16.47%.

In contrast, Tesla slipped over 3%, Citigroup slid 1.45%, Visa lost 1.56% and Activision Blizzard gave back 2.12%. Faring better were the cryptos as Bitcoin jumped nearly 4% over $63,000. However, gold lost a little ground to stay below $1,800 an ounce. The U.S. 10-year yield hovered around 1.54%. All eyes are on the U.S. Fed’s Jerome Powell’s next announcement on Wednesday.

The TSX retreated 0.36%, dragged down by energy, materials, real estate and healthcare, though consumer staples roared and financials and industrials gained. Big movers included Air Canada which soared 4.39%, Chorus Aviation also climbing 3.75%, Birchcliffe Energy at 3.28% and Canada Goose up 2.39%. Lost in the background have been the banks which have been quietly gaining lately. Royal Bank added over 1% today. Losing ground were Osisko Mining at -4.73%, Nutrien by -5% and Cargojet at -3.71%. It was a rough day for crude oil in which WTI tumbled by 0.62% and WCS lost 3.2%

💉 Pfizer Inc (PFE-N) +4.15%
📡 Cisco (CSCO-Q) +2.71%
💾 Nvidia Corp (NVDA-Q) +1.92%
👟 Under Armour (UA-N) +16.47%
🚗 Tesla Motors Inc (TSLA-Q) -3%
🏛 Citigroup Inc. (C-N) -1.45%
💳 Visa Inc. (V-N) -1.56%
🎮 Activision Blizzard (ATVI-Q) -2.12%
🅱 Bitcoin Cash (CRYPTO:BCH) +4%
🛫 Air Canada (AC-T) +4.39%
✈ Chorus Aviation Inc (CHR-T) +3.75%
🛢 Birchcliff Energy Ltd. (BIR-T) +3.28%
🧣 Canada Goose (GOOS-N) +2.39%
🏛 Royal Bank (RY-T) +1%
⛏ Osisko Mining Inc (OSK-T) -4.73%
🌿 Nutrien Ltd. (NTR-T) -5%
🛫 Cargojet Inc (CJT-T) -3.71%

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