Market View

Major North American indices rose this week, and are on track for strong weekly gains. Gold jumped while oil prices were down. The Canadian dollar was 76.01. U.S. S&P500 rose 3.4% this week and the TSX ended the week up 1.8%.

All sectors rose this week. Healthcare rose the highest at 13.9%, followed by energy at 6.8%, and consumer discretionary at 5.1%. Industrials rose by 2.2%, followed by financials and technology up by 1.6%, each. The most heavily traded shares by volume were Aurora Cannabis, Aphria Inc, and Suncor Energy.

5 from 5i

Here are five reads we found interesting last week:

• What would emerging markets be without China? written by Sherifa Issifu of S&P Global
• The role of expectations in investing, by Jack Forehand of Validea
• Before investors take a flyer on a company like Nikola, they should consider these five things, by Peter Hodson on the Financial Post
• The economics of vending machines, by Zachary Crockett on the Hustle
• Considering bond alternatives: preferred stocks and utilities, by John Rekenthaler of Morningstar

 

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.