Futures were solidly red over the weekend when Trump confirmed tariffs against Canada, Mexico and China, and markets tanked when they opened Monday morning. The TSX slid 3% at the open, rarely seen, but recovered throughout the day to close -1.14% or down almost 300 points. Only two sectors, including materials gained, while industrials, healthcare and discretionary led the many laggards. <\/p>\n\n\n\n
Major movers included the Bank of Nova Scotia<\/a> at -3.08%, CIBC<\/a> -4.6%, Goeasy<\/a> -8.34%, Air Canada<\/a> -7.24% and BRP<\/a> -7.86%. Investors flocked to gold, sending it US$16 higher to US$2,1815, and to Bitcoin<\/a> up 4.45% to US$101,300. WTI climbed 0.5% to nearly US$73.<\/p>\n\n\n\n Wall Street also rose out of the Monday morning depths: the S&P -0.76%, the Nasdaq -1.2% and the Dow -0.28%. The most influential names were Nvidia<\/a> -2.84%, Tesla<\/a> -5.17% and Apple<\/a> -3.39%. Meanwhile, Moderna<\/a> closed -7.28% and FedEx<\/a> -6.62%. The U.S. 10-year yield edged down to 4.545%. Investors on both sides of the border are bracing for more volatility indefinitely. <\/p>\n\n\n\n 🏛 Bank of Nova Scotia\u00a0(BNS-T)<\/a> -3.08%<\/p>\n\n\n\n 🏛 Canadian Imperial Bank of Commerce\u00a0(CM-T)<\/a> -4.6%<\/p>\n\n\n\n 🏛 goeasy\u00a0(GSY-T)<\/a> -8.34% <\/p>\n\n\n\n 🛫 Air Canada\u00a0(AC-T)<\/a> -7.24% <\/p>\n\n\n\n ⚙ BRP INC.\u00a0(DOO-T)<\/a> -7.86%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +4.45%<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -2.84%<\/p>\n\n\n\n 🚗 Tesla Inc\u00a0(TSLA-Q)<\/a> -5.17%<\/p>\n\n\n\n 🍎 Apple Inc\u00a0(AAPL-Q)<\/a> -3.39%<\/p>\n\n\n\n