Despite mixed economic data, ongoing tensions between the U.S. and China, and racial turmoil on American streets, markets continued to rally Wednesday. The TSX rose 1.17% and the Dow climbed 2.05%, returning to levels last seen on March 5.<\/p>\n
As the Bank of Canada<\/a> changes governors, the central bank held its benchmark lending rate at 0.25% and remarked that the impact of Covid-19 on the world economy “appears to have peaked.” Further, home sales<\/a> in Toronto between April and May jumped 55% and 34% in Vancouver. (For perspective, Toronto home sales fell 53.7% YOY in May.) Real estate shot up 4% on the TSX, followed by financials, energy and industrials. There was green across many Canadian screens, but Canada Goose<\/a> soared 17.51% in heavy trading by beating Q4 expectations<\/a>. Banks like BMO<\/a> (up 4.84%) enjoyed a strong Wednesday as did Brookfield Asset Management<\/a>, spiking 6.17%.On Wall Street, Boeing soared nearly 13%, which helped propel to the Dow. Likewise, leisure stocks like Wynn Resorts<\/a> jumped over 11% as they continue to regain lost ground from the pandemic. Zoom Video<\/a> continues to skyrocket after reporting Q1 earnings. Zoom leapt 7.59%.<\/p>\n Though some worry about over-optimism, investors are clearly banking on the success of continue reopenings across the world.<\/p>\n 🧣 Canada Goose Holdings<\/a> +17.51% Despite mixed economic data, ongoing tensions between the U.S. and China, and racial turmoil on American streets, markets continued to rally Wednesday. The TSX rose 1.17% and the Dow climbed 2.05%, returning to levels last seen on March 5. As […]<\/p>\n","protected":false},"author":12,"featured_media":170380,"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-172818","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\/172818","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=172818"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/172818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/170380"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=172818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=172818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=172818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🏛 Bank of Montreal<\/a> +4.84%
\n🏛 Brookfield Asset Management (A)<\/a> +6.17%
\n🛫 Boeing<\/a> +13%
\n🏢 Wynne Resorts Ltd.<\/a> +11%
\n📹 Zoom Video Communications Inc.<\/a> +7.59%<\/p>\n","protected":false},"excerpt":{"rendered":"