{"id":137304,"date":"2020-01-06T22:25:15","date_gmt":"2020-01-06T22:25:15","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=137304"},"modified":"2020-01-07T00:04:34","modified_gmt":"2020-01-07T00:04:34","slug":"investors-shrug-off-war-tensions-rise-on-monday","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/investors-shrug-off-war-tensions-rise-on-monday\/","title":{"rendered":"Investors shrug off war tensions, rise on Monday"},"content":{"rendered":"

Surprisingly, markets on both sides of the border Monday reversed course and rose from pre-market negativity to close optimistically in the green. New York’s major indices were down half-a-percent Sunday night to early Monday morning, anxious over the rising war<\/a> rhetoric from Tehran and Washington, but during the trading day climbed and closed as high as half-a-percent in the positive. The TSX followed suit by closing 0.23% up. Conversely, light crude began the session 1% higher, but finished Monday down 0.32%. Investors ignored the war drums beating on both sides and kept buying. Whether this is wise or foolish, we’ll see in the days ahead.<\/p>\n

Despite the decline in crude, oil stocks like Suncor<\/a> rose 3.17% as Canadian energy as a whole gained 2.22% as Monday’s strongest sector on the TSX. Tech also fared well, up 1.27%, with Shopify<\/a> gaining 2.24%. South of the border, Facebook<\/a> made a new 52-week high, rising 1.55%. and fellow tech giant, OLED<\/a>, gained 1.67%. Tech stocks finished strong, though the Dow was mixed. Suffering the most from the current mideast hostilities is Saudi Aramco<\/a>, which has been tumbling since the drone attack that killed Iran’s top general. We’ll see if North American markets continued to be as resilient as teflon.<\/p>\n

🛢 Suncor Energy Inc<\/a> +3.17%
\n🏂 Shopify Inc.<\/a> +2.24%
\n🕵️‍♂️ Facebook<\/a> +1.55%
\n🧬 Universal Display Corp.<\/a> +1.67%<\/p>\n","protected":false},"excerpt":{"rendered":"

Surprisingly, markets on both sides of the border Monday reversed course and rose from pre-market negativity to close optimistically in the green. New York’s major indices were down half-a-percent Sunday night to early Monday morning, anxious over the rising war […]<\/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-137304","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\/137304","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=137304"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/137304\/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=137304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=137304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=137304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}