TSX:NVEI - Post Discussion
Post by
retiredcf on Nov 28, 2023 6:46am
Stockchase After the Close
As shoppers hunted for bargains online and in stores, markets returned to business, though trading was quiet. The TSX shed 0.3% though remained above 20,000 while the Nasdaq and S&P both closed a handful of points down and the Dow slipped 0.18%.
Black Friday certainly benefited Shopify which announced all-time record sales by its retail partners which sent shares popping 4.4%. Their good news was echoed by Etsy rallying 2.97% and Nuvei rising 3.86%. In Toronto, most sectors were down as tech was the only space that showed true strength, while industrials and energy sank the most. Osisko Mining jumped 6.83% and Dye & Durham rose 5.14%, though CNQ closed -2.5%. WTI crude continued to slump, declining 0.7% to $75 a barrel.
Winners on Wall Street included Domino’s Pizza which delivered a 4.52% rally. However, Albemarle closed -6.28%, and Illumina -3.75%. The U.S. 10-year yield continued to fade, hovering around 4.385% while Bitcoin sank 1.45% to just below $37,000.
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