{"id":166852,"date":"2020-05-07T21:26:28","date_gmt":"2020-05-07T21:26:28","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=166852"},"modified":"2020-05-07T22:11:44","modified_gmt":"2020-05-07T22:11:44","slug":"tsx-flat-but-new-york-continues-to-climb","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-flat-but-new-york-continues-to-climb\/","title":{"rendered":"TSX flat, but New York continues to climb"},"content":{"rendered":"

Energy and materials climbed on the TSX, but lacklustre staples and telcos kept the TSX barely positive in Thursday trading. However a barrel of WCS fell nearly 10% to below $18 while WTI slipped nearly 2.5%. Early in the session and in recent days, investors have been encouraged by OPEC’s record cuts and rising demand from China, whose economy is in the process of reviving post-lockdown, but then there were downbeat comments from the U.S. Fed about America’s own recovery<\/a> and there were a few doubts about OPEC complying with its cuts.<\/p>\n

The Fed’s sentiment came as the latest U.S. weekly jobless numbers showed more than three million files claims. In Toronto, miners like Osisko<\/a> (up 10.56%) were among the day’s winners, as was alternative lender, Goeasy<\/a>, which popped over 25%.<\/p>\n

Returning to the States, the Nasdaq climbed 1.41% as the Dow and S&P trailed though closed positive. Apparently, investors are more confident about the country reopening than pessimistic about the unemployment number. Uber<\/a> was among the big names reporting Thursday. It lost nearly $3 billion in Q1, a number that even Uber admits is stunning, but Uber Eats soared 54%. Despite this mixed picture, Uber rallied over 11% during the session and rose another 7.6% immediately after the report was released after the closing bell.<\/p>\n

⛏ Osisko Mining Inc<\/a> +10.56%
\n🏛 goeasy<\/a> +25%
\n🚕 Uber<\/a> +11%<\/p>\n","protected":false},"excerpt":{"rendered":"

Energy and materials climbed on the TSX, but lacklustre staples and telcos kept the TSX barely positive in Thursday trading. However a barrel of WCS fell nearly 10% to below $18 while WTI slipped nearly 2.5%. Early in the session […]<\/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-166852","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\/166852","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=166852"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/166852\/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=166852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=166852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=166852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}