Investing.com –
U.S. and Canadian equities were higher at the close on Thursday, as easing US Producer Prices and Rising Jobless Claims continued to boost bets on a pause from the U.S. Federal Reserve after it hikes one last time (by 25 bps) in May.
TSX
In Toronto, the S&P/TSX Composite added 0.54% to hit a new 1-month high.
The biggest gainers of the session on the S&P/TSX Composite were Ero Copper Corp (TSX:ERO), which rose 6.24% or 1.49 points to trade at 25.35 at the close. First Quantum Minerals Ltd . (TSX:FM) added 6.09% or 2.00 points to end at 34.83 and Bombardier Inc (TSX:BBDb) was up 6.04% or 4.02 points to 70.59 in late trade.
Biggest losers included Cenovus Energy Inc (TSX:CVE), which lost 1.81% or 0.44 points to trade at 23.82 in late trade. Spin Master Corp (TSX:TOY) declined 1.54% or 0.55 points to end at 35.11 and Boyd Group Income Fund (TSX:BYD) shed 1.54% or 3.41 points to 217.48.
The Dow
At the close in NYSE, the Dow Jones Industrial Average gained 1.14% to hit a new 1-month high, while the S&P 500 index climbed 1.33%, and the NASDAQ Composite index gained 1.99%.
The biggest gainers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 3.41% or 5.46 points to trade at 165.56 at the close. Walt Disney Company (NYSE:DIS) added 2.96% or 2.90 points to end at 100.84 and Nike Inc (NYSE:NKE) was up 2.24% or 2.77 points to 126.43 in late trade.
Biggest losers included International Business Machines (NYSE:IBM), which lost 0.50% or 0.64 points to trade at 127.90 in late trade. The Travelers Companies Inc (NYSE:TRV) declined 0.37% or 0.64 points to end at 173.20 and Dow Inc (NYSE:DOW) gained 0.05% or 0.03 points to 56.92.
S&P500
The top performers on the S&P 500 were SolarEdge Technologies Inc (NASDAQ:SEDG) which rose 7.70% to 306.89, Enphase Energy Inc (NASDAQ:ENPH) which was up 6.97% to settle at 209.69 and Signature Bank (OTC:SBNY) which gained 6.60% to close at 0.16.
The worst performers were Progressive Corp (NYSE:PGR) which was down 6.71% to 138.21 in late trade, Lumen Technologies Inc (NYSE:LUMN) which lost 4.47% to settle at 2.35 and Western Digital Corporation (NASDAQ:WDC) which was down 2.95% to 36.88 at the close.
NASDAQ
The top performers on the NASDAQ Composite were CXApp Inc (NASDAQ:CXAI) which rose 345.63% to 7.13, Inpixon (NASDAQ:INPX) which was up 128.43% to settle at 0.72 and SAB Biotherapeutics Inc (NASDAQ:SABS) which gained 99.71% to close at 0.76.
The worst performers were GlucoTrack Inc (NASDAQ:GCTK) which was down 49.26% to 1.37 in late trade, ViewRay Inc (NASDAQ:VRAY) which lost 39.20% to settle at 1.83 and Altamira Therapeutics Ltd (NASDAQ:CYTO) which was down 36.67% to 1.33 at the close.
VIX: The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 6.76% to 17.80 a new 52-week low.
Commodities: In commodities trading, Gold Futures for June delivery was up 1.46% or 29.65 to $2,054.55 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.12% or 0.93 to hit $82.33 a barrel, while the June Brent oil contract fell 1.21% or 1.06 to trade at $86.27 a barrel.
Currencies: EUR/USD was up 0.55% to 1.10, while USD/JPY fell 0.36% to 132.65. The US Dollar Index Futures was down 0.48% at 100.68.