Market View

Major North American indices bounced back up today after a slight sell-off earlier this week triggered by growth worries. Crude price strengthened helping TSX futures. Gold rose over concerns of the Delta variant of COVID-19. The Canadian dollar was 80.08. U.S. S&P500 ended the week up 0.8%, while the TSX ended the week flat.

It was a relatively calmer week with more sectors ending the week flat. Energy slid 3%, while healthcare gave up 2.5%. Financials slipped 1.3%, and consumer discretionary declined 1.0%. The most heavily traded shares by volume were Bank of Nova Scotia, Nevada Copper, and Toronto-Dominion Bank.

5 from 5i

Here are five reads we found interesting last week:

• The economics of dollar stores, by Zachary Crockett of the Hustle
• Millions of Americans are about to lose their homes, authored by Mary Harris of Slate
• Creating the future of work, written by Steven Sinofsky of Learning by Shipping
• Millions choose simple privacy protection with DuckDuckGo, published on DuckDuckGo website
• Farmland investing: impact beyond returns, by Artem Milinchuk of Worth

Happy Reading & Stay Safe!

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