Wall Street climbs, TSX stalls amid fragile cease fire
Markets rose and dipped modestly Thursday as shelling and negotiations continued on the second day of the Middle East ceasefire. By the close, the S&P advanced 0.62%, the Nasdaq 0.83%, the Dow 0.58% and the TSX slipped 0.45%. Tensions pushed WTI higher by 5% to nearly U$100, while gold rose 1% to US$4,765 and silver added 2% to US$75.50.
Major movers on Wall Street included Intel rallying 4.7%, Amazon 5.6%, Sandisk 9.05% while ServiceNow closed -7.86% as software stocks slumped and Crowdstrike finished the day -7.46%. In Toronto, only three sectors gained, led by financials while staples, tech and particularly telcos lagged. BlackBerry jumped 7.36%, Aecon 4.89%, Telus -6.87%, Shopify -6.52% and CNQ -1.53% as the most active name. The U.S. 10-year yield held at 4.29% while Bitcoin climbed 1.2% to US$72,250.
💾 Intel (INTC-Q) +4.7%
📦 Amazon.com, Inc. (AMZN-Q) +5.6%
💾 Sandisk Corp (SNDK-Q) +9.05%
💾 Servicenow (NOW-N) -7.86%
💾 CrowdStrike Holdings (CRWD-Q) -7.46%
📱 BlackBerry (BB-T) +7.36%
👷♀️ Aecon Group Inc (ARE-T) +4.89%
📱 Telus Corp (T-T) -6.87%
🛍 Shopify Inc. (SHOP-T) -6.52%
🛢 Canadian Natural Rsrcs (CNQ-T) -1.53%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1.2%
