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Stocks extend gains entering tech earnings week

Allan Tong Posted On October 24, 2022
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Monday saw Wall Street rally with Bay Street less so as markets enter the key reporting period of megatech names. The S&P added 1.19% to nearly 3,800, the Nasdaq 0.86% to almost 11,000, and the Dow 1.34%. Healthcare led the S&P sectors, but tech stocks changed the most hands.

Tesla retreated 1.44%, Apple rose 1.46% and AT&T climbed 2.46%. Ford rallied 2.42%, but Las Vegan Sands slid 10.47%. The U.S. 10-year yield remained around 4.24% while Bitcoin gave back 0.85% to around $19,300.

TSX also gained, though only 0.29%, to approach 19,000. Most sectors were positive, led by consumer staples and industrials, while healthcare and materials were the only laggards. WTI retreated by 0.35% to dip below $85 a barrel. Major gainers were Tamarack Valley up 5.73%, TFI International 4.2%, Meg Energy 4.12% and NFI Group, sinking 18.6% affer reporting its quarter.

🚗 Tesla Motors Inc (TSLA-Q) -1.44%
🍎 Apple (AAPL-Q) +1.46%
📱 AT&T (T-N) +2.46%
🚘 Ford Motor (F-N) +2.42%
♠ Las Vegas Sands Corp. (LVS-N) -10.47%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -0.85%
🛢 Tamarack Valley Energy (TVE-T) +5.73%
🚚 TFI International Inc (TFII-T) +4.2%
🛢 MEG Energy Corp (MEG-T) +4.12%
🚛 New Flyer Industries Inc. (NFI-T) -18.6%

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