The trading week after Labour Day began with the price of crude oil rallying after Saudi Arabia and Russia announced further production cuts. WTI jumped by 1.4% to around $86.75. Energy was, by far, the strongest sector on the TSX and one of the few positive spots as the TSX closed -0.56%. Materials, utilities and financial led declines. <\/p>\n\n\n\n
Tuesday’s major movers included Tilray<\/a> up 4.49%, the Bank of Nova Scotia<\/a> -1.48%, Nexgen Energy<\/a> 5.85%, Laurentian Bank<\/a> 5.02% and First Quantum Minerals<\/a> -5.85%.<\/p>\n\n\n\n The picture was more mixed on Wall Street where the Nasdaq was flat, down six points, the S&P added 0.39% but the Dow sank 0.53%. Key names included Tesla<\/a> up 4.87%, American Airlines<\/a> -2.55%, Illumina<\/a> -5.35%, Occidental<\/a> 2.49% and Oracle<\/a> up 2.51%. The U.S. 10-year yield inched up to 4.274% while Bitcoin<\/a> gave back 0.4% to $25,700. Volumes were approaching their norms, while volatility was relatively low.<\/p>\n\n\n\n 🌿 Tilray Inc. (TLRY-Q)<\/a> +4.49%<\/p>\n\n\n\n 🏛 Bank of Nova Scotia (BNS-T)<\/a> -1.48%<\/p>\n\n\n\n ⚡ NexGen Energy (NXE-T)<\/a> +5.85%<\/p>\n\n\n\n 🏛 Laurentian Bank (LB-T)<\/a> +5.02%<\/p>\n\n\n\n ⛏ First Quantum Minerals (FM-T)<\/a> -5.85%<\/p>\n\n\n\n 🚗 Tesla Inc (TSLA-Q)<\/a> +4.87%<\/p>\n\n\n\n 🛫 American Airlines Group (AAL-Q)<\/a> -2.55%<\/p>\n\n\n\n 🧫 Illumina Inc. (ILMN-Q)<\/a> -5.35%<\/p>\n\n\n\n 🛢 Occidental Petroleum Corp (OXY-N)<\/a> +2.49%<\/p>\n\n\n\n