{"id":345253,"date":"2026-07-28T16:53:00","date_gmt":"2026-07-28T20:53:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345253"},"modified":"2026-07-28T18:11:42","modified_gmt":"2026-07-28T22:11:42","slug":"tsx-hits-high-as-semis-rout-continues","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-hits-high-as-semis-rout-continues\/","title":{"rendered":"TSX hits high as semis rout continues"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The rotation out of semis and memory stocks continued Tuesday, pushing the Nasdaq down 0.22%, but lifting the TSX by 0.52% to 35,751, another record close. The most-active name on Wall Street, <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a>, sank 5.86%, <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron<\/a> tumbled 8.85% and <a href=\"https:\/\/stockchase.com\/SNDK-Q\">Sandisk<\/a> cratered 14.25%. Tech was actually the strongest sector on the TSX as money flowed into software names <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica<\/a> which jumped 9.49%, <a href=\"https:\/\/stockchase.com\/DSG-T\">Descartes Systems<\/a> 6.16% and <a href=\"https:\/\/stockchase.com\/CSU-T\">Constellation Software<\/a> 6.45% on high volumes.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Flows were also strong into <a href=\"https:\/\/stockchase.com\/T-T\">Telus<\/a>, the most-active name, which rallied 2.52%. Meanwhile, <a href=\"https:\/\/stockchase.com\/HPS.A-T\">Hammond Power System<\/a> slid 10.56%. Telcos and staples were also resilient on Bay Street while materials lagged as silver declined 2.22% to US$57.65 and gold fell US$51 to US$4,024. As the war calmed in Iran, WTI crude fell another 4.15% to US$79.20.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In New York, <a href=\"https:\/\/stockchase.com\/CMCSA-Q\">Comcast<\/a> rallied 6.1%, and <a href=\"https:\/\/stockchase.com\/GLW-N\">Corning<\/a> tanked 12.05%. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> slipped 1.5% to US$63,935. The U.S. 10-year yield edged down to 4.602%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel (INTC)<\/a> -5.86%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron Technology (MU)<\/a> -8.85%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/SNDK-Q\">Sandisk Corp (SNDK)<\/a> -14.25%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f9ec; <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica Inc (CLS.TO)<\/a> +9.49%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/DSG-T\">Descartes (DSG.TO)<\/a> +6.16%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/CSU-T\">Constellation Software Inc. (CSU.TO)<\/a> +6.45%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4f1; <a href=\"https:\/\/stockchase.com\/T-T\">Telus Corp (T.TO)<\/a> +2.52%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f9ec; <a href=\"https:\/\/stockchase.com\/HPS.A-T\">Hammond Power Solutions Inc. (HPS.A.TO)<\/a> -10.56%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4e1; <a href=\"https:\/\/stockchase.com\/CMCSA-Q\">Comcast Corp (CMCSA)<\/a> +6.1%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f9ec; <a href=\"https:\/\/stockchase.com\/GLW-N\">Corning Inc (GLW)<\/a> -12.05%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (BTC-USD)<\/a> -1.5%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rotation out of semis and memory stocks continued Tuesday, pushing the Nasdaq down 0.22%, but lifting the TSX by 0.52% to 35,751, another record close. The most-active name on Wall Street, Intel, sank 5.86%, Micron tumbled 8.85% and Sandisk [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-345253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=345253"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345253\/revisions"}],"predecessor-version":[{"id":345254,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345253\/revisions\/345254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=345253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}