Wednesday night, a U.S. court struck down nearly all of Trump’s tariffs, stating that he never had the authority to impose them in the first place. Futures jumped 2% immediately, but by Thursday’s close the U.S. indices barely gained ground. On Thursday, Trumps dug in his heels, plunging markets back into uncertainty. By Thursday’s close, the S&P had gained only 0.4%, the Nasdaq 0.39% and the Dow 0.28%. The dour sentiment coincided with earnings. <\/p>\n\n\n\n
HP<\/a> closed the day -8.27%, Best Buy<\/a> -7.27%, Arista Networks<\/a> -6.92% and Uber<\/a> -4.49%. A rare bright spot was Nvidia<\/a>, rallying 3.25% after delivering a strong quarter. The U.S. 10-year yield edged down 4.43% while Bitcoin<\/a> sank 1.1% to US$106,200.<\/p>\n\n\n\n The TSX sank 0.28% in mixed trading. Real estate and telcos were up, but staples and financials were down. Major movers: BRP<\/a> 12.68%, Bombardier<\/a> 3.65%, EQB<\/a> -7.44%, Denison Mines<\/a> -7.17% and Royal Bank<\/a> -3.47% after reporting to end bank earnings season. Gold regained US$28 to US$3,315 while WTI slid 1.5% to US$60.90.<\/p>\n\n\n\n 💻 Hewlett-Packard Co\u00a0(HPQ-N)<\/a> -8.27%<\/p>\n\n\n\n 🛍 Best Buy Company Inc\u00a0(BBY-N)<\/a> -7.27%<\/p>\n\n\n\n 💾 Arista Networks\u00a0(ANET-N)<\/a> -6.92%<\/p>\n\n\n\n 🚕 Uber\u00a0(UBER-N)<\/a> -4.49%<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +3.25%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1.1%<\/p>\n\n\n\n 🛍 BRP INC.\u00a0(DOO-T)<\/a> +12.68%<\/p>\n\n\n\n 🚂 Bombardier Inc (B)\u00a0(BBD.B-T)<\/a> +3.65%<\/p>\n\n\n\n 🏛 Equitable Group\u00a0(EQB-T)<\/a> -7.44%<\/p>\n\n\n\n