A sudden break in trade talks between the U.S. and China chilled markets Friday. This comes on the heels of a high U.S. court ruling that most of Trump’s tariffs are illegal in the first place which Trump resisted and in turn cast doubt into markets already. In New York, the S&P finished Friday flat, but the Nasdaq sank 0.32% while the Dow edged up 0.12% in a choppy session that saw a midday slide. For the week, the indices gained 1%. <\/p>\n\n\n\n
Major movers started with Nvidia<\/a>, as always, which sank 2.92% just after rallying on an earnings beat the day before. However, Palantir<\/a> jumped 7.73%, Intel<\/a> slumped 3.46% and likewise Tesla<\/a> slid 3.34%. Beyond tech, Ulta Beauty<\/a> soared 11.78%. The U.S. 10-year yield shaved a few basis points to 4.416%, while Bitcoin<\/a> added 1.5% to US$104,575.<\/p>\n\n\n\n In Canada, the TSX sank 35 points on Friday, but advanced over 1% for the week. Telcos led only two other sectors higher while energy and tech led the laggards. Major movers on Bay Street were BRP<\/a> soaring 7.95%, Laurentian Bank<\/a> jumping 6.14% on earnings, Baytex<\/a> tumbling 4.29%, Air Canada<\/a> sinking 1.89% and Whitecap Resources<\/a> falling 2.28% as the most active name. Gold declined US$26 to US$3,317 while WTI gave back 0.3% to US$60.75.<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -2.92%<\/p>\n\n\n\n 💾 Palantir Technologies\u00a0(PLTR-Q)<\/a> +7.73%<\/p>\n\n\n\n 💾 Intel\u00a0(INTC-Q)<\/a> -3.46%<\/p>\n\n\n\n 🚗 Tesla Inc\u00a0(TSLA-Q)<\/a> -3.34%<\/p>\n\n\n\n 💄 Ulta Salon Cosmetics and Fragrance Inc.\u00a0(ULTA-Q)<\/a> +11.78%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +1.5%<\/p>\n\n\n\n 🛍 BRP INC.\u00a0(DOO-T)<\/a> +7.95%<\/p>\n\n\n\n 🏛 Laurentian Bank\u00a0(LB-T)<\/a> +6.14%<\/p>\n\n\n\n 🛢 Baytex Energy Corp\u00a0(BTE-T)<\/a> -4.29%<\/p>\n\n\n\n