The price of silver shot past US$60 an ounce on Tuesday to make a record high as the market bets on the U.S. Fed cutting interest rates tomorrow. In contrast, the stock market was tepid with the TSX advancing 0.25% and the Nasdaq 0.13%, but the S&P slipping six points and Dow losing 0.38%. <\/p>\n\n\n\n
Accordingly, materials performed well on the TSX as did healthcare, while energy and industrials\u00a0lagged the most. Only four sectors were positive. Winners included\u00a0Pan American Silver<\/a> soaring 11.07% and Aya Gold & Silver<\/a> up 7.47%. Losers included CNQ<\/a> at -1.14%, Ivanhoe Mines<\/a> -5.47% and Paramount\u00a0Resources<\/a> -4.29%. Gold advanced by US$20 to US$4,210 while WTI slipped half a dollar to US$58.35.<\/p>\n\n\n\n In New York, Newmont<\/a> surged 5.72%, AppLovin<\/a> 5.05% and Warner Bros. Discovery<\/a> rose another 3.78% as rivals threaten to take it over. In contrast, AutoZone<\/a> closed -7.17%, and soup maker Campbell<\/a>‘s -5.23%. The U.S. 10-year yield climbed to 4.186% ahead of the Fed meeting.<\/p>\n\n\n\n 🥈 Pan American Silver (PAAS-T)<\/a> +11.07%<\/p>\n\n\n\n ⛏ Aya Gold & Silver (AYA-T)<\/a> +7.47%<\/p>\n\n\n\n 🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> -1.14%<\/p>\n\n\n\n ⛏ Ivanhoe Mines Ltd (IVN-T)<\/a> -5.47%<\/p>\n\n\n\n 🛢 Paramount Resources (POU-T)<\/a> -4.29%<\/p>\n\n\n\n ⛏ Newmont Mining (US) (NEM-N)<\/a> +5.72%<\/p>\n\n\n\n 💾 AppLovin Corporation (APP-Q)<\/a> +5.05%<\/p>\n\n\n\n 📺 Warner Bros. Discovery (WBD-Q)<\/a> +3.78%<\/p>\n\n\n\n