{"id":342739,"date":"2025-01-06T17:41:03","date_gmt":"2025-01-06T22:41:03","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342739"},"modified":"2025-01-06T17:41:07","modified_gmt":"2025-01-06T22:41:07","slug":"trudeau-resigns-markets-mixed","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/trudeau-resigns-markets-mixed\/","title":{"rendered":"Trudeau resigns, markets mixed"},"content":{"rendered":"\n<p>As expected, Prime Minister Justin Trudeau announced his resignation Monday morning, and will stay in his role until the Liberals choose a new leader. The TSX closed on weakness, down 0.29% to fall below 25,000. Only three of 11 sectors were positive, led by energy, while staples, healthcare and materials led the laggards. <\/p>\n\n\n\n<p>Notable names included <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> up 1.36%, <a href=\"https:\/\/stockchase.com\/ARE-T\">Aecon<\/a> -5.73%, <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy<\/a> -1.01%, <a href=\"https:\/\/stockchase.com\/LUN-T\">Lundin Mining<\/a> -4.22% and <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> which soared 9.74% after announcing a collaboration with Microsoft. WTI crude declined 0.75% to US$74.30 while gold gave back US$6 to US$2,634. The Canadian dollar held at 70 cents against the USD.<\/p>\n\n\n\n<p>Markets were a little stronger in New York as the S&amp;P added 0.55% to nearly 6,000, the Nasdaq rallied 1.24%, though the Dow was essentially flat after shedding a handful of points. Major movers: <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron<\/a> jumped 10.45%, <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> 9.36%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> 3.43%, <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> -3.36% and <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir<\/a> -4.97%. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> returned to six digits after popping 3.6% to more than US$102,000 while the 10-year yield inched up to 4.62%.<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> +1.36%<\/p>\n\n\n\n<p>&#x1f9f1; <a href=\"https:\/\/stockchase.com\/ARE-T\">Aecon Group Inc\u00a0(ARE-T)<\/a> -5.73%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy\u00a0(TRP-T)<\/a> -1.01%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/LUN-T\">Lundin Mining Corp.\u00a0(LUN-T)<\/a> -4.22%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry\u00a0(BB-T)<\/a> +9.74%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron Technology\u00a0(MU-Q)<\/a> +10.45%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> +9.36%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +3.43%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel\u00a0(INTC-Q)<\/a> -3.36%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir Technologies\u00a0(PLTR-N)<\/a> -4.97%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +3.6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As expected, Prime Minister Justin Trudeau announced his resignation Monday morning, and will stay in his role until the Liberals choose a new leader. The TSX closed on weakness, down 0.29% to fall below 25,000. Only three of 11 sectors [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-342739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=342739"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342739\/revisions"}],"predecessor-version":[{"id":342742,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342739\/revisions\/342742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=342739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}