Investors were climbing a wall of worry on Monday, starting with the confusion wrought by Trump imposing 15% tariffs across the globe, though limited to 150 days, in reaction to the U.S. Supreme Court striking down his previous tariffs. Meanwhile, the AI sell-off continued in sectors like software while Trump threatens to invade Iran. All this added up to 1.04% loss on the S&P while the Nasdaq sank 1.13% and the Dow lost 1.66%. The TSX fared better, actually making new all-time highs in the morning, sinking throughout the day, but finishing the session off its lows. The TSX slipped only 0.12% or 41 points. Market anxiety lifted gold by US$120 to US$5,228, and silver by 4.25% to US$88.10. WTI held at US$66.40.<\/p>\n\n\n\n
In Toronto, five\u00a0sectors gained, led by outsized moves in staples and materials while tech and industrials lagged the most. Major movers: Fortuna<\/a> 9%, Lundin Gold<\/a> 7.25%, Manulife<\/a> -1.85%, Goeasy<\/a> -7.75% and Shopify<\/a> -7.07% In New York, PayPal<\/a> suged 5.76%, Tesla<\/a> closed -2.91%, IBM<\/a> -13.15%, Crowdstrike<\/a> -9.85% and Amazon<\/a> -2.3%. Bitcoin sank nearly US$2,900 to US$64,700 while the U.S. 10-year yield slipped to 4.033%<\/p>\n\n\n\n 🥈 Fortuna Silver Mines (FVI-T)<\/a> +9%<\/p>\n\n\n\n 🥇 Lundin Gold Inc. (LUG-T)<\/a> +7.25%<\/p>\n\n\n\n 🏛 Manulife Financial (MFC-T)<\/a> -1.85%<\/p>\n\n\n\n 🏛 goeasy (GSY-T)<\/a> -7.75%<\/p>\n\n\n\n 🛍 Shopify Inc. (SHOP-T)<\/a> -7.07%<\/p>\n\n\n\n 💳 PayPal Holdings Inc. (PYPL-Q)<\/a> +5.76%<\/p>\n\n\n\n 🚗 Tesla Inc (TSLA-Q)<\/a> -2.91%<\/p>\n\n\n\n 💾 IBM Common Stock (IBM-N)<\/a> -13.15%<\/p>\n\n\n\n