5 from 5i: Paying the COVID bill

Barkha Rani Oct 22, 2021
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Market View

The S&P500 and the S&P/TSX Composite Index touched yet another record high this week while inflationary fears hung over investors. The US dollar declined against the basket of world currencies. The Canadian dollar was 81.12. U.S. S&P500 ended the week up 1.7%, while the TSX ended the week up 1.4%.

It was a mixed bag of returns this week. Healthcare rose by 3.1%, followed by financials, which added 2.2%. Energy inched up 1.7%, while technology gained 1.5%. Consumer discretionary gave up 1.4%, while telecommunications edged downwards by 0.8%. The most heavily traded shares by volume were Bombardier Inc, B2Gold, and Denison Mines.

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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