Net worth tracking
Login Sign Up
Become a Premium Member
  • All Opinions
  • Top Picks
  • Experts
  • Companies
  • Discover
Watch List
Home » Daily

Stocks and oil rebound

Allan Tong Posted On December 2, 2021
0
0
Shares
  • Share On Facebook
  • Tweet It

On Thursday, stocks rebounded from recent sharp selling triggered by fears of the Omicron variant. The Dow rose 1.82%, the S&P 1.42% and the Nasdaq 0.83%. The ongoing see-saw action saw travel names like American Airlines recover 6.73%, Booking Holdings 5.1% and Airbnb 4.05%.Industrials also rebounded as Boeing soared 7.23%. Consumer stocks like Disney rallied 3.46% and financials jumped including American Express and Visa both over 4%.

Losing ground were Pfizer at -3.27%, Moderna at -3.09% and Micron which closed -3.04%. The U.S. 10-year climbed over 2% to 1.434% after seeing days of rollercoaster moves, though Bitcoin was flat at $57,000 and gold slipped nearly 1% to $1,770 an ounce.

Though OPEC+ decided to raise output in January, WTI crude rose 25% to nearly $67 pre barrel while WCS added 3.5% to around $48.50. Oil’s rally helped push the TSX up 1.35%. Energy as well as financials, given bank earnings week, rallied on Bay Street. TD announced a healthy beat, a dividend hike and share buyback and surged nearly 5%. Its peers also rose, including the Bank of Nova Scotia which advanced 2.59%. Meanwhile, Bombardier jumped 8.39%, Air Canada recovered 4.47%, Blackberry added nearly 5% and Crescent Point Energy rallied 2.55%. In contrast, Canada Goose dove 4.57% and Stelco slipped 3.8%. The Canadian dollar remained at $0.78 against the USD.

🛫 American Airlines Group (AAL-Q) +6.73%
🧳 Booking Holdings Inc. (BKNG-Q) +5.1%
🏠 Airbnb (ABNB-Q) +4.05%
🛫 Boeing (BA-N) +7.23%
👸 Walt Disney Co. (DIS-N) +3.46%
🏛 American Express (AXP-N) +4%
💳 Visa Inc. (V-N) +4%
💉 Pfizer Inc (PFE-N) -3.27%
💉 Moderna (MRNA-Q) -3.09%
💾 Micron Technology (MU-Q) -3.04%
🏛 Toronto Dominion (TD-T) +5%
🏛 Bank of Nova Scotia (BNS-T) +2.59%
🚂 Bombardier Inc (B) (BBD.B-T) +8.39%
🛫 Air Canada (AC-T) +4.47%
📱 BlackBerry (BB-T) +5%
🛢 Crescent Point Energy Corp (CPG-T) +2.55%
🧣 Canada Goose (GOOS-N) -4.57%
⛓ Stelco Holdings Inc. (STLC-T) -3.8%

0
Shares
  • Share On Facebook
  • Tweet It




Trending Now
FedEx, Aritzia Inc. and 17 Stock and 3 ETF Top Picks (Jun 24-30)
Melisa R. H. July 1, 2022
3 gems from the Collision technology conference
Allan Tong June 29, 2022
Jobless data pressures stocks
Read Next

Jobless data pressures stocks

  • We're the Stock Chasers
    Hi! We are the Stock Chasers. We write about investing and finance tools we love. We’re passionate about fintech and we invest almost all our affiliate and advertising revenues into the development of Stockchase and Wealthica. We hope you enjoy the stock ideas and product reviews!
  • Top Reviews

    • Questrade Review: Pros & Cons of Trading with Questrade Canada (2021)
      8.5
    • Questrade vs Others | The Review Competitors Don’t Want you to Read (2021)
      7.4
    • The Ugly Truth About Identity Theft – Free Credit Report
      7
  • Popular Posts

    • FedEx, Aritzia Inc. and 17 Stock and 3 ETF Top Picks (Jun 24-30)
    • 3 gems from the Collision technology conference
    • Intertape Polymer Group and More at 52-week Highs & Lows (Jun 22-28)
    • 3 defensive stocks to find stability with your money
    • Markets slide on recession fears
  • Stock Lists

    • 3 defensive stocks to find stability with your money
      June 21, 2022
    • 3 rock stars of the mineral stocks
      June 15, 2022
    • 3 stocks to profit from revenge travel
      June 7, 2022
    • Are tech stocks alive?
      May 31, 2022
    • 3 dividend stocks to fight inflation
      May 24, 2022


  • Get $50 in free trades.


  • Stockchase neither recommends nor promotes any investment strategies.

    About us : Privacy & Terms : Contact us

© Stockchase Inc.
Press enter/return to begin your search