Markets Up Friday

The S&P/TSX composite saw a +0.21% change for today’s session, the Nasdaq composite was +0.16% and the Dow up +0.97% Some trending stocks for the day include SoundHound AI +18.19%, Tesla Inc +3.80% and GameStop Corp. +0.29%. The most active […]

Markets down on Thursday

The S&P/TSX composite saw a +1.41% change for today’s session, the Nasdaq composite was +0.03% and the Dow up +1.08% Some trending stocks for the day include Alphabet Inc down -4.56%, MicroStrategy -16.16% and Snowflake +32.71%. The most active stocks […]

Markets down on Wednesday

The S&P/TSX composite saw a +0.10% change for today’s session, the Nasdaq composite was -0.72% and the Dow up +0.08%. Some trending stocks for the day include: NVIDIA Corporation -0.76%, Snowflake -0.86% and Qualcomm -6.34%. The most active stocks today include Great West Lifeco +0.28%, while Canadian Natural Rsrcs saw +0.36%. Manulife Financial also saw a […]

Markets up on Tuesday

The S&P/TSX composite saw a +0.14% change for today’s session, the Nasdaq composite was +1.04% and the Dow up -0.32% Some trending stocks for the day include C3.ai, Inc. +24-19%, NVIDIA Corporation +4.89 and Super Micro Computer +32.23%. The most active stocks today include Enbridge +0.52%, while Suncor Energy Inc saw +0.02%. Canadian Natural Rsrcs also saw […]

Yields and stocks climb, oil falls

Allan Tong Posted On October 28, 2024

Stocks in Toronto and New York inched higher, even as yields rose. The TSX added 0.35% as most sectors rallied, particularly staples and financials. Major movers included Algoma Steel jumping 7.48%, Energy Fuels 5.14%, Telus 1.91% on an upgrade, while OceanaGold ended Monday -3.69% and Athabasca Oil -3.44%. WTI crude plunged 5.5% after Israel announced it would avoid oil targets in Iran as bombing continues in that region. Gold gave back US$5 to US$2,742.

The price of gold and the major indices in Toronto and New York continue to hover below all-time highs. The S&P rose 0.27%, the Nasdaq 0.26% and the Dow 0.65%. The U.S. 10-year yield climbed to 4.274%. Major names on Wall Street included carmakers Tesla -2.17% and Ford up 2.48%, the cruise line Carnival at 4.69%, 3M 4.58% and Albemarle 4.57%. Bitcoin rallied 3% to US$69,680.

⛓ Algoma Steel Group Inc (ASTL-T) +7.48%

⛏ Energy Fuels Inc. (EFR-T) +5.14%

📱 Telus Corp (T-T) +1.91%

🥇 Oceanagold Corp (OGC-T) -3.69%

🛢 Athabasca Oil Sands Corp (ATH-T) -3.44%

🚗 Tesla Inc (TSLA-Q) -2.17%

🚘 Ford Motor (F-N) +2.48%

🚢 Carnival Corp. (CCL-N) +4.69%

💾 3M Co. (MMM-N) +4.58%

⛏ Albemarle Corp (ALB-N) +4.57%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +3%