5 from 5i: Doordash and pizza arbitrage

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Market View

The growing tension between the US and China dampened investor sentiment leading to major North American indices turning down today. Gold and US dollar rose slightly. The Canadian dollar was 71.37 cents. U.S. S&P500 was up 1.1% this week and the TSX ended the week up 2.6%.

Many sectors made progress this week. Energy jumped by 8.5%, and technology followed suit with a 7.6% jump. Consumer discretionary ended the week up 5.4%, while consumer staples was down 0.5%. The most heavily traded shares by volume were HEXO Corp, Manulife Financial, and Zenabis Global.

5 from 5i

Here are five reads we found interesting last week:

 

Happy Reading & Stay Safe!

 

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

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