Mixed start to May, tech rises
Still hovering near highs, markets began the month on a mixed note. The S&P advanced 0.29% and the Nasdaq 0.89%, but the TSX was -0.22% and the Dow -0.31%. For the week, though, the indices were mostly up: the S&P 0.9%, the Nasdaq 1.12%, the Dow 0.55% though the TSX was flat, down 12 points.
With little progress in peace talks between the US and Iran, WTI slipped US$2.80 to US$102.55. The weakest sectors on the TSX were energy and materials, though silver jumped 2.25% to US$75.30 while gold slipped US$3 to US$4,614. By far, tech led the Canadian index. Prime movers included Badger by 19.27%, Fairfax Financial -7.67%, Aya Gold & Silver -6.73%, CNQ -1.48% and Air Canada -2.09%.
Wall Street saw Intel rip 5.44% higher, Apple rally 3.24%, CBOE jump 8.95%, but Clorox sank 9.67% and Stryker slid 6.47%. The U.S. 10-year yield slipped to 4.372% while Bitcoin regained 2.15% to US$78,105.
🧱 Badger Daylighting (BDGI-T) +19.27%
🏛 Fairfax Financial (FFH-T) -7.67%
⛏ Aya Gold & Silver (AYA-T) -6.73%
🛢 Canadian Natural Rsrcs (CNQ-T) -1.48%
🛫 Air Canada (AC-T) -2.09%
💾 Intel (INTC-Q) +5.44%
🍎 Apple Inc (AAPL-Q) +3.24%
🏛 CBOE Holdings Inc. (CBOE-Q) +8.95%
🧴 Clorox Company (CLX-N) -9.67%
🧫 Stryker Corp. (SYK-N) -6.47%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +2.15%
