Stocks, oil and cryptos rally
The week began with investors in a risk-on mode, driving up stocks and cryptos alike. The S&P rose 1.06%, the Nasdaq 1.27%, and the Dow added 0.71%. It was a rare session that saw both tech and energy lead.
Major gainers included Apple up 3.83%, Amgen by 2.35%, Gilead at 4.12% and Devon Energy up 3.9%. The U.S. 10-year yield inched up to3.354% while Bitcoin jumped another 3.71% to $22,400.
The TSX climbed 195 points to close just short of of 20,000. Fears of oil supply helped drive up WTI by 1.33% to $88 a barrel and WCS by 1.67% to $67. Energy as well as real estate led the Toronto index, which showed green across the board. Big gainers included Suncor up 2.11%, Lundin Mining by 4.17%, and Enbridge up 2.3%. Losers included Corus down 8.23% and fertilizer-maker Nutrien shedding 4.6%.
🍎 Apple (AAPL-Q) +3.83%
🧫 Amgen Inc. (AMGN-Q) +2.35%
💊 Gilead Sciences Inc. (GILD-Q) +4.12%
🛢 Devon Energy Corp (DVN-N) +3.9%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +3.71%
🛢 Suncor Energy Inc (SU-T) +2.11%
⛏ Lundin Mining Corp. (LUN-T) +4.17%
🛢 Enbridge (ENB-T) +2.3%
📺 Corus Entertainment (B) (CJR.B-T) -8.23%
🌿 Nutrien Ltd. (NTR-T) -4.6%
