Markets rebound on earnings

Melisa R. H. Posted On January 26, 2023

The bulls returned Thursday after yesterday’s sell-off. A good quarter from Tesla helped. Its shares popped 10.15%. Tech in general rallied with Seagate up 10.92%, Amazon 1.48% and Apple 1.13%.However Sherwin-Williams sank 9.35%.

The Nasdaq surged 1.45%, the S&P 0.86% and the Dow 0.4%. The 10-year yield was flat at 3.46% while Bitcoin edged up 0.22% past $23,000.

The TSX advanced 0.38%. Sectors were mixed led by energy and financials while staples sank. Whitecap Resources rose 0.72%, Shopify 1.69%, Cenovus 4.82% and Interfor 10.37%. WTI climbed 1.15% to $81.

🚗 Tesla Motors Inc (TSLA-Q) +10.15%
💾 Seagate Technology (STX-Q) +10.92%
📦 Amazon.com (AMZN-Q) +1.48%
🍎 Apple Inc (AAPL-Q) +1.13%
👨‍🎨 Sherwin-Williams Co. (SHW-N) -9.35%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +0.22%
🛢 Whitecap Resources (WCP-T) +0.72%
🛍 Shopify Inc. (SHOP-T) +1.69%
🛢 Cenovus Energy (CVE-T) +4.82%
🌲 Interfor Corp (IFP-T) +10.37%