{"id":176856,"date":"2020-06-29T22:29:17","date_gmt":"2020-06-29T22:29:17","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=176856"},"modified":"2020-06-29T22:29:17","modified_gmt":"2020-06-29T22:29:17","slug":"stocks-bounce-monday-after-last-weeks-sell-off","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-bounce-monday-after-last-weeks-sell-off\/","title":{"rendered":"Stocks bounce Monday after last week’s sell-off"},"content":{"rendered":"

Even though COVID-19 cases to continue to climb across the American sunbelt<\/a>, particularly in Arizona, Texas and Florida, markets on Monday regained some ground it lost in last week’s sell-off. The Nasdaq rose 1.2%, the S&P was up 1.47% and the Dow surged 2.32%. Driving the Dow was Boeing<\/a>, which soared over 14% on news that the FAA will test-flight the troubled 737 Max<\/a>, making this one key step towards re-certifying the controversial aircraft which has crashed twice.<\/p>\n

Elsewhere, healthcare names enjoyed a lift with Walgreens<\/a> rallying 2.84%. Over the weekend, the Gap<\/a> announced a 10-year partnership with mercurial rapper Kanye West<\/a> who will produce a clothing line for the chain. The Gap jumped 3.65% in heavy trading.<\/p>\n

In Canada, the TSX rose 1.32%, fuelled by industrials, telcos and especially energy, which rose 3.34% as the price of WCS jumped over 5% per barrel. Tourmaline<\/a> enjoyed increases of 4.59% and Cenovus<\/a> at nearly 5%. In cleaner energy, Ballard Power<\/a> welcomed California<\/a>‘s new zero-emissions truck law, and its shareholders propelled the stock beyond 13%. Things were less celebratory at Aurora Cannabis<\/a> as the co-founder and ex-CEO resigned from<\/a> the weed company. However, the stock declined only 0.41% on the news.<\/p>\n

🛫 Boeing<\/a> +14%
\n💊 Walgreen Boots Alliance<\/a> +2.84%
\n👕 Gap<\/a> +3.65%
\n🛢 Cenovus Energy<\/a> +5%
\n⚡ Ballard Power Systems<\/a> +13%
\n🌿 Aurora Cannabis<\/a> -0.41%<\/p>\n","protected":false},"excerpt":{"rendered":"

Even though COVID-19 cases to continue to climb across the American sunbelt, particularly in Arizona, Texas and Florida, markets on Monday regained some ground it lost in last week’s sell-off. The Nasdaq rose 1.2%, the S&P was up 1.47% and […]<\/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-176856","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\/176856","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=176856"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/176856\/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=176856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=176856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=176856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}