5 from 5i: Why some fund managers have to bet against Apple and Microsoft stock

Barkha Rani Feb 18, 2022
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Market View

Iran’s comments, Ukraine-Russia conflict, and inflation clouded investor sentiment this week. The US dollar edged up, while gold prices steadied, and oil prices declined. The Canadian dollar was 78.73 cents USD. U.S. S&P500 ended the week down 1.5%, while the TSX ended the week down 2.2%.

 

Most of the sector ended flat or in red this week. Both healthcare and technology gave up a 7%, each, while financial and energy slid by 2.7%, each. Consumer discretionary edged down 1.8%. The most heavily traded shares by volume were Barrick Gold, Bombardier Inc, and Kinross Gold.

5 from 5i

Here are five reads we found interesting last week:

Happy Reading & Stay Safe!

 


Disclosure: The analyst(s) responsible for this report do not have a financial or other interest in securities mentioned.

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