Markets extend gains as earnings season hits

Markets continued to rally into Tuesday. The S&P rose 1.2%, the Nasdaq 1.59% or 245 points, and the Dow added 0.69%.

Tech rebounded strongly as AMD jumped 2.28%, Nvidia 3.49% and Tesla 1.94% then jumped another 6% after hours when it reported, albeit a mixed quarter. Meanwhile, GE leapt 8.7% and American Airlines sank 1.45%. The U.S. 10-year yield held at 4.6% while Bitcoin declined 1.15% to $US66,000.

The TSX added 0.68% to return above 22,000. All sectors were in the green, led by tech, staples and industrials. Barrick Gold added 1.29%, Baytex Energy 3.79%, Tilray 7.23% and Shopfiy 4.6%, though Ivanhoe Mines closed -4.68%. Gold held around US$2,320 while WTI added 1.4% to US$83.40. More tech earnings will come throughout the week.

💾 Advanced Micro Devices (AMD-Q) +2.28%

💾 NVIDIA Corporation (NVDA-Q) +3.49%

🚗 Tesla Inc (TSLA-Q) +1.94%

🧬 General Electric (GE-N) +8.7%

🛫 American Airlines Group (AAL-Q) -1.45%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1.15%

🥇 Barrick Gold (ABX-T) +1.29%

🛢 Baytex Energy Corp (BTE-T) +3.79%

🌿 Tilray Inc. (TLRY-Q) +7.23%

🛍 Shopify Inc. (SHOP-T) +4.6%

⛏ Ivanhoe Mines Ltd (IVN-T) -4.68%