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Markets in Toronto and New York edged up a third of a percent Friday as South Korea’s SK Hynix debuted on Wall Street by soaring 12.76%. Other key names: Meta 5.97%, Nvidia 4.03%, Intel -2.4% and Netflix -2.78%. Bitcoin advanced 1.1% to $63,960. The U.S. 10-year yield edged up to 4.563%.

In Toronto, seven sectors gained while four lagged. Discretionary and staples enjoyed strong gains while materials suffered mild losses. Major movers: Aritzia 7.43%, Bank of Nova Scotia 1.84%, BlackBerry -4.19%, Lithium Americas -7.11%, IGM Financial 3.41%. Gold sank US$18 to US$4,105 while WTI declined 0.65% to $71.60.

For the week, the TSX gained modestly, the Dow lost a little ground while the S&P added well over 1% and the Nasdaq 1.7%.

🧬 SK Hynix – ADR (SKHYV) +12.76%

🕵️‍♀️ Meta Platforms, Inc. (META) +5.97%

💾 NVIDIA Corporation (NVDA) +4.03%

💾 Intel (INTC) -2.4%

📺 Netflix Inc. (NFLX) -2.78%

🅱 Bitcoin (BTCUSD) (BTC-USD) +1.1%

👗 Aritzia Inc. (ATZ.TO) +7.43%

🏛 Bank of Nova Scotia (BNS.TO) +1.84%

📱 BlackBerry (BB.TO) -4.19%

⛏ Lithium Americas Corp (LAC.TO) -7.11%

🏛 IGM Financial Inc. (IGM.TO) +3.41%

The TSX regained 0.76% on the strength of materials rebounding sharply in names such as Lundin Mining, up 6.98%, and First Majestic Silver at 8.85%. Silver rallied nearly 2.9% to US$59.80, while gold added US$43 to US$41,21. Meanwhile, banks continued to rally with the Bank of Nova Scotia climbing 1.31%, while BlackBerry rallied 3.05% and CNQ sank 1.15% on weakness in oil prices. WTI slid 2.22% to US$71.90 as markets keep an eye on the ever-changing situation in Iran.  

On Wall Street, tech had a good session with the Nasdaq advancing 1.3%. The S&P rose 0.8% and the Dow 0.27%. Key names: Costco -4.21%, Hewlett Packard 9.94%, Tesla 3.17%, FedEx Freight 7.64%, Paramount Skydance -4.31%, and Lumentum Holdings 11.13%. The U.S. 10-year yield held around 4.549% while Bitcoin jumped US$1,100 to US$63,170.

⛏ Lundin Mining Corp. (LUN.TO) +6.98%

🥈 First Majestic Silver (AG.TO) +8.85%

🏛 Bank of Nova Scotia (BNS.TO) +1.31%

📱 BlackBerry (BB.TO) +3.05%

🛢 Canadian Natural Rsrcs (CNQ.TO) -1.15%

🛒 Costco Wholesale Corporation (COST) -4.21%

💾 Hewlett-Packard Co (HPQ) +9.94%

🚗 Tesla Inc (TSLA) +3.17%

📦 FedEx Freight Holding Company, Inc. (FDXF) +7.64%

🎞 Paramount Skydance Corporation (PSKY) -4.31%

🧬 Lumentum Holdings (LITE) +11.13%

As the U.S. and Iran exchanged fire in the Middle East, Trump announced the end of the fragile ceasefire on Wednesday, which sent oil prices soaring as much as 7% and shares tumbling. WTI closed the session nearly 6% higher at US$74.55. The S&P closed -0.28%, the Dow -1.09% though the Nasdaq climbed 0.2%. Higher oil prices revived expectations of higher inflation and interest rates. The U.S.10-year yield spiked to 4.577%. Homebuilder stocks were punished, with DR Horton plunging 4.61% as were airlines, which are struggling with soaring fuel prices. American Airlines dove 3.95%. Elsewhere, Nvidia rebounded 3.65% while Honeywell sank 5.79% and SpaceX fell 0.78% to close below its $150 IPO price.

In Canada, the TSX shed 0.95% or over 330 points. Energy led four sectors higher as materials and financials lagged the most. Silver slumped by 2.85% to US$58.15 and gold sagged US$30 to US$4,074. Major movers: Methanex 6.21%, CNQ 4.07%, TD -2.61%, Whitecap Resources 4.51% and B2Gold -7.31%.

🔧 D R Horton Inc. (DHI) -4.61%

🛫 American Airlines Group (AAL) -3.95%

💾 NVIDIA Corporation (NVDA) +3.65%

🧬 Honeywell International (HON) -5.79%

📡 SpaceX (SPCX) -0.78%

🧫 Methanex Corp (MX.TO) +6.21%

🛢 Canadian Natural Rsrcs (CNQ.TO) +4.07%

🏛 Toronto-Dominion Bank (TD.TO) -2.61%

🛢 Whitecap Resources (WCP.TO) +4.51%

🥇 B2Gold Corp. (BTO.TO) -7.31%