5 from 5i: When stocks moon

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Market View

Major North American indices took a breather today following a nice rally throughout the week helped by the vaccine optimism. Gold crossed $1,900 and oil rose to its highest in nine months. The Canadian dollar was 78.24. U.S. S&P500 ended the week up 0.5%, while the TSX ended the week flat.

Technology and consumer discretionary rose by 3.5% and 2.3%, respectively. Energy slid by 5.0%, followed by financials by 1.8%. Consumer staples and healthcare slipped 1.1%, each. Industrials ended the week flat. The most heavily traded shares by volume were Toronto-Dominion Bank, Blackberry, and Suncor Energy.

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.