5 from 5i: Not all risk is rewarded

Barkha Rani Sep 03, 2021
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Market View

The S&P500 and NASDAQ saw a record high close on Thursday as US weekly initial jobless claims hit their lowest since the pandemic started in March 2020. TSX futures hit a record high as oil and gold prices strengthened. The US dollar also surged slightly. The Canadian dollar was 79.66. U.S. S&P500 ended the week up 0.4%, while the TSX ended the week up 0.7%.

It was a relatively calmer week with no large swings. Technology rose the highest by 2.3%, followed by energy at 1.2% gain. Utilities added 0.9%, while consumer discretionary and telecommunications rose 0.7%, each. Financials gave up 1.2%, while healthcare and consumer staples ended the week flat. The most heavily traded shares by volume were Suncor Energy, Great-West Lifeco, and NexGen Energy.


5 from 5i

Here are five reads we found interesting last week:



Happy Reading & Stay Safe!


Disclosure: Please note that the author does not hold a financial or other interest in stocks or funds mentioned.



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