The week ended on a gloomy note as investors, particularly south of the border, grew more worried over the effect and threat of Trump’s tariffs to trading partners. Recent weak guidance by bellwethers, such as Walmart, have stoked fears of rising costs triggered by tariffs. The S&P sank 1.7% on Friday (and the week) or 104 points to have its worst session in two months, while the Dow slid 1.69% and the Nasdaq tumbled 2.2%. Over the week, the Dow fared worse, down nearly 2.9% and the Nasdaq fell 2.1%. <\/p>\n\n\n\n
Losses were nearly universal: UnitedHealth<\/a> -7.17% on a new Department of Justice investigation, Palantir<\/a> -4.63%, Intel<\/a> -4.68%, GE Vernova<\/a> -8.84%, Constellation Energy<\/a> -8.07% and the most influential Nvidia<\/a> -4.05%. Shares tumbled despite the U.S. 10-year yield falling to 4.43%. Bitcoin<\/a> slid 3.15% to US$95,100.<\/p>\n\n\n\n The TSX was not immune and sank 1.44% on Friday and lost 2.15% over the week. Tech, materials and energy led eight sectors down, while telcos rallied the most. Key names: Cenovus<\/a> -4.16%, Manulife<\/a> -4.39%, Ivanhoe Mines<\/a> -11.26% and Iamgold<\/a> -8.93%. Gold itself declined US$3 to US$2,936 while WTI crude fell 3.15% to US$70.15.<\/p>\n\n\n\n 👨⚕️ UnitedHealth Group Inc\u00a0(UNH-N)<\/a> -7.17%<\/p>\n\n\n\n 💾 Palantir Technologies\u00a0(PLTR-Q)<\/a> -4.63%<\/p>\n\n\n\n 💾 Intel\u00a0(INTC-Q)<\/a> -4.68%<\/p>\n\n\n\n 🔌 GE Vernova\u00a0(GEV-N)<\/a> -8.84%<\/p>\n\n\n\n 💡 Constellation Energy\u00a0(CEG-Q)<\/a> -8.07%<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -4.05%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -3.15%<\/p>\n\n\n\n 🛢 Cenovus Energy\u00a0(CVE-T)<\/a> -4.16%<\/p>\n\n\n\n 🏛 Manulife Financial\u00a0(MFC-T)<\/a> -4.39%<\/p>\n\n\n\n