Call it profit-taking after the December rally and\/or a rare analyst downgrade of Apple, but red overflowed on trading screens throughout the first session of 2024. <\/p>\n\n\n\n
Apple<\/a> closed -3.58% and Intel<\/a> -4.88% along with many of its peers. Cruise liners also sank, with Norwegian<\/a> finishing -8.58% and Royal Caribbean<\/a> -7.22%. However, Moderna<\/a> soared 13.12% after an analyst upgrade. The S&P closed -0.57%, the Nasdaq -1.63%, and the Dow added 0.07%. The U.S. 10-year yield edged up to 3.93% while Bitcoin<\/a> continued to rally by adding 1.65% to US$44,900.<\/p>\n\n\n\n The TSX also saw losses, though fared better, down 0.43%. Only four sectors were positive, led by telcos and energy while financials, real estate and, particularly, tech lagged. Key movers were First Quantum Minerals<\/a> which rebounded 10.32% following sharp selling last month. Meanwhile, Osisko Mining<\/a> rallied 3.37% while BNS<\/a> closed -1.81%, Lightspeed<\/a> -6.76% and Shopify<\/a> -4.62%. WTI fell 1.6% to $70.50 a barrel.<\/p>\n\n\n\n 🍎 Apple Inc\u00a0(AAPL-Q)<\/a> -3.58%<\/p>\n\n\n\n 💾 Intel\u00a0(INTC-Q)<\/a> -4.88%<\/p>\n\n\n\n 🚢 Norwegian Cruise Line Holdings\u00a0(NCLH-N)<\/a> -8.58%<\/p>\n\n\n\n 🚢 Royal Caribbean Cruises\u00a0(RCL-N)<\/a> -7.22%<\/p>\n\n\n\n 💉 Moderna\u00a0(MRNA-Q)<\/a> +13.12%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +1.65%<\/p>\n\n\n\n ⛏ First Quantum Minerals\u00a0(FM-T)<\/a> +10.32%<\/p>\n\n\n\n ⛏ Osisko Mining\u00a0(OSK-T)<\/a> +3.37%<\/p>\n\n\n\n 🏛 Bank of Nova Scotia\u00a0(BNS-T)<\/a> -1.81%<\/p>\n\n\n\n 💾 Lightspeed Commerce Inc\u00a0(LSPD-T)<\/a> -6.76%<\/p>\n\n\n\n