Tuesday markets welcomed the release of June’s inflation numbers with a partial sell-off. The S&P closed -0.4%, the Dow -0.98% though the Nasdaq managed to climb 0.18%. U.S. inflation in June was 2.7%, up from 2.4% the month before as many economists cited this as Trump’s tariffs starting to seep into American prices. The figures coincided with the start of earnings season. <\/p>\n\n\n\n
Blackrock<\/a> disappointed and was punished for 5.88%. Meanwhile, Nvidia<\/a> made yet another record high after rallying 4.04%, Super Micro Computer<\/a> jumped 6.92%, First Solar<\/a> rose 6.9%, though Newmont<\/a> tumbled 5.71%. Bitcoin retreated from record highs by US$3,800 to US$116,365. The U.S. 10-year edged up to 4.487%.<\/p>\n\n\n\n The TSX declined 0.53% or 144 points, but remained above 27,000. Only three sectors gained, led by utilities while staples, energy and tech lagged the most. Major movers: CNQ<\/a> -1.38%, Richelieu Hardware<\/a> -3.32%, Tamarack Valley<\/a> -2.75%, Equinox Gold<\/a> -2.55%, Energy Fuels<\/a> 10.74% and Brookfield Renewable<\/a> 6.27%. Gold gave back US$14 to US$3,329 while WTI declined 30 cents to US$66.66.<\/p>\n\n\n\n 🏛 Blackrock Inc. (BLK-N)<\/a> -5.88%<\/p>\n\n\n\n 💾 NVIDIA Corporation (NVDA-Q)<\/a> +4.04%<\/p>\n\n\n\n 💾 Super Micro Computer (SMCI-Q)<\/a> +6.925<\/p>\n\n\n\n ⛏ First Solar Inc. (FSLR-Q)<\/a> +6.09%<\/p>\n\n\n\n ⛏ Newmont Mining (US) (NEM-N)<\/a> -5.71%<\/p>\n\n\n\n 🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> -1.38%<\/p>\n\n\n\n 💾 Richelieu Hardware (RCH-T)<\/a> -3.32%<\/p>\n\n\n\n 🛢 Tamarack Valley Energy (TVE-T)<\/a> -2.75%<\/p>\n\n\n\n 🥇 Equinox Gold (EQX-T)<\/a> -2.55% <\/p>\n\n\n\n