After a see-saw trade most of Thursday, the bulls charged in the final hour to close indices higher. The optimism broke this week’s sell-off which was triggered by a spike in new COVID-19 cases across the American sunbelt; it suggests the bulls are looking at the decline in the mortality rate instead. All major U.S. indices eventually closed slightly above 1%.<\/p>\n
The S&P closed just 9% from its record high as 10 of 11 sectors finished positive. Financials led the charge after the U.S. Fed announced<\/a> it was removing a rule that had limited American banks from investing in areas such as hedge funds. Goldman Sachs<\/a>, for example, spiked 4.59% during the session. In contrast, utilities and consumer names like Molson Coors<\/a> lost 2.52%. Tech had another positive day, though more muted than recent sessions. PayPal<\/a> rose 2.68%.<\/p>\n In Canada, the TSX climbed nearly 1% with tech, industrials and financials also gaining strong like their American peers. ParexResources<\/a> (3.68%), Lightspeed<\/a> (3.55%) and Ballard Power Systems<\/a> (3.28%) were among Thursday’s biggest gainers. WCS regained some ground it lost from Wednesday’s sell-off, bouncing nearly 4% to hover above $30\/barrel. Gold was flat.<\/p>\n 🏛 Goldman Sachs<\/a> +4.59% After a see-saw trade most of Thursday, the bulls charged in the final hour to close indices higher. The optimism broke this week’s sell-off which was triggered by a spike in new COVID-19 cases across the American sunbelt; it suggests […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"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-176324","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\/176324","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=176324"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/176324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=176324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=176324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=176324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🍺 Molson Coors Brewing Company<\/a> -2.52%
\n💳 PayPal Holdings Inc.<\/a> +2.68%
\n🛢 Parex Resources Inc.<\/a> +3.68%
\n💿 Lightspeed POS<\/a> +3.55%
\n🔋 Ballard Power Systems<\/a> +3.28%<\/p>\n","protected":false},"excerpt":{"rendered":"