The new year rally extended to Tuesday as precious metals and computer memory stocks powered the Toronto and New York markets to record highs. The TSX rallied 0.58% or 188 points to a record close of 32,407, while the S&P rose 0.58% to 6,944 and the Dow 0.99% to 49,462, both also highs. Meanwhile, the Nasdaq climbed 0.65% to flirt with its own all-time high.<\/p>\n\n\n\n
In Toronto, precious metals led seven sectors higher while tech also rallied and energy continued to fade. With silver jumping more than 6% to US$81.25 and gold up US$47 to US$4,496, First Majestic Silver<\/a> leapt 10.06%, Aya Gold & Silver<\/a> 6.43% and Endeavour Silver<\/a> 8.38%. Meanwhile, the most active names were CNQ<\/a> at -1.54% and TD<\/a> -1.16%. In New York, computer memory stocks soared: Sandisk<\/a> 27.56%, Western Digital<\/a> 16.77% and Seagate<\/a> 14%. Among the most active names were Tesla<\/a> at -4.14% and Chevron<\/a> -4.46% after oil stocks snapped back following Monday’s rally. WTI crude sank 2.3% to nearly US$57.\u00a0<\/p>\n\n\n\n 🥈 First Majestic Silver (AG-N)<\/a> +10.06%<\/p>\n\n\n\n ⛏ Aya Gold & Silver (AYA-T)<\/a> +6.43%<\/p>\n\n\n\n 🥈 Endeavour Silver Corp. (EDR-T)<\/a> +8.38%<\/p>\n\n\n\n 🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> -1.54%<\/p>\n\n\n\n 🏛 Toronto-Dominion Bank (TD-T)<\/a> -1.16%<\/p>\n\n\n\n 🧬 SanDisk Corp (SNDK-Q)<\/a> +27.56%<\/p>\n\n\n\n 💾 Western Digital (WDC-Q)<\/a> +16.77%<\/p>\n\n\n\n 💾 Seagate Technology (STX-Q)<\/a> +14%<\/p>\n\n\n\n