Wednesday saw Wall and Bay streets partially recover Tuesday’s sharp losses, fed by concerns of overvaluation in AI tech stocks. The S&P rose 0.37%, the Nasdaq 0.65% and the Dow 0.48% while the TSX advanced 1.09% or 325 points.<\/p>\n\n\n\n
Tech counted among the major gainers including Intel<\/a> by 3.65%, Tesla<\/a> 4.01% and Seagate<\/a> 10.14%, but Nvidia<\/a> slipped 1.75% and Super Micro Computer<\/a> tanked 11.33%. In Toronto, all but the telcos climbed higher, none more so than tech, energy, materials and healthcare. On Bay Street, the major movers included B2Gold<\/a> up 1.6%, Suncor<\/a> 4.53%, ATS<\/a> soaring 10.47%, Iamgold<\/a> 8.57% and Cargojet<\/a> sinking 13.89%.<\/p>\n\n\n\n In commodities, gold increased US$50 to US$3,982 though WTI sank 1.55% to US$59.60. Bitcoin<\/a> recovered 3.35% to US$103,615. Meanwhile, the U.S. 10-year yield edged up to 4.163%.<\/p>\n\n\n\n 💾 Intel (INTC-Q)<\/a> +3.65%<\/p>\n\n\n\n 🚗 Tesla Inc (TSLA-Q)<\/a> +4.01%<\/p>\n\n\n\n 💾 Seagate Technology (STX-Q)<\/a> +10.14%<\/p>\n\n\n\n 💾 NVIDIA Corporation (NVDA-Q)<\/a> -1.75%<\/p>\n\n\n\n 💾 Super Micro Computer (SMCI-Q)<\/a> -11.33%<\/p>\n\n\n\n 🥇 B2Gold Corp. (BTO-T)<\/a> +1.6%<\/p>\n\n\n\n 🛢 Suncor Energy Inc (SU-T)<\/a> +4.53%<\/p>\n\n\n\n 🧬 ATS Automation Tooling Systems (ATS-T)<\/a> +10.47%<\/p>\n\n\n\n 🥇 Iamgold Corp (IMG-T)<\/a> +8.57%<\/p>\n\n\n\n