{"id":133820,"date":"2019-12-20T00:39:44","date_gmt":"2019-12-20T00:39:44","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=133820"},"modified":"2019-12-20T02:33:42","modified_gmt":"2019-12-20T02:33:42","slug":"markets-continue-to-sail-upwards-before-the-holidays","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-continue-to-sail-upwards-before-the-holidays\/","title":{"rendered":"Markets continue to sail upwards before the holidays"},"content":{"rendered":"<p>New York markets marched to new highs Thursday with investors feeling confident about the American economy and world trade situation. Further, markets were showing no concern over Trump&#8217;s <a href=\"https:\/\/www.cnn.com\/2019\/12\/19\/politics\/trump-impeachment-strategy\/index.html\" target=\"_blank\" rel=\"noopener\">impeachment<\/a>, which passed the U.S. House the day before, but is expected to be blocked by Republicans who dominate the Senate. The Nasdaq rallied as much as 0.67% to close at 8,887, led by tech gains such as <a href=\"https:\/\/stockchase.com\/NFLX-Q\">Netflix<\/a>, up 3.56% and <a href=\"https:\/\/stockchase.com\/META-Q\">Facebook<\/a> gaining 1.76%.<\/p>\n<p>The TSX also posted a fine day, staying above 17,000 and nudging up slightly. <a href=\"https:\/\/stockchase.com\/ATRL-T\">SNC-Lavalin<\/a> continues its bounce back, rallying 6.31%, after it resolved several charges of fraud in its Libya <a href=\"https:\/\/www.cbc.ca\/news\/politics\/trudeau-wilson-raybould-snc-lavalin-1.5401353\" target=\"_blank\" rel=\"noopener\">scandal<\/a> that once threatened to topple the federal Liberal government.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/stockchase.com\/RCI.B-T\">Rogers<\/a> climbed 3.4%, as did oil stocks such as <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point<\/a>, spiking 5.35% on rising oil prices. Smaller-cap food and now cannabis producer, <a href=\"https:\/\/stockchase.com\/VFF-Q\">Village Farms International<\/a> shot up 7.49%, and turnaround story, <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> rose 3.11% ahead of earnings to be reported Friday morning. In complete contrast to the meltdown last year this time, markets are melting <em>up<\/em> to close the year as investors feel good about the near future.<\/p>\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/NFLX-Q\">Netflix Inc.<\/a> +3.56%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/META-Q\">Facebook<\/a> +1.76%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/ATRL-T\">SNC-Lavalin Group Inc.<\/a> +6.31%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/RCI.B-T\">Rogers Communications<\/a> +3.40%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point Energy Corp<\/a> +5.35%<br \/>\n&#x1f331; <a href=\"https:\/\/stockchase.com\/VFF-Q\">Village Farms International, Inc.<\/a> +7.49<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> +3.11%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York markets marched to new highs Thursday with investors feeling confident about the American economy and world trade situation. Further, markets were showing no concern over Trump&#8217;s impeachment, which passed the U.S. House the day before, but is expected [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-133820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/133820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=133820"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/133820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=133820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=133820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=133820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}