{"id":177445,"date":"2020-07-03T00:01:59","date_gmt":"2020-07-03T00:01:59","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=177445"},"modified":"2020-07-03T00:01:59","modified_gmt":"2020-07-03T00:01:59","slug":"us-job-growth-extends-gains-tsx-catches-up","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/us-job-growth-extends-gains-tsx-catches-up\/","title":{"rendered":"US job growth extends gains, TSX catches up"},"content":{"rendered":"

The third quarter continues its rally as a surprisingly good U.S. jobs report<\/a> fueled markets Thursday. Non-farm payrolls bounced back by 4.8 million, far surpassing the expected 2.9 million as American unemployment fell to 11.1%, the lowest level during this pandemic.<\/p>\n

However, markets faded in the last hour as worries remain over a surge in COVID-19 cases in the American sunbelt, notably Florida and Houston<\/a>, which comprise 15% of U.S. GDP, though other states are reopening as planned. Nonetheless, the Nasdaq closed at another record high, up 0.44%, the Dow inched up 0.24%, while the S&P enjoyed a four-day winning streak, climbing 0.46%. Notable gainers included Wynn Resorts<\/a>, rallying 4.8%, and Walgreens<\/a> up 2.64%. Wall Street will close on July 3 ahead of the long holiday weekend.<\/p>\n

Meanwhile, the TSX played the catch-up trade after Canada Day, holding levels to close up 0.95%. Tech and real estate led the charge as Lightspeed POS<\/a> soared 14%, Shopify<\/a> gained another 8.36% and Brookfield Property Partners<\/a> spiked 14.5%. The TransMountain won a court challenge lodged by an indigenous group to block pipeline and ending a year-long battle. The price of WCS jumped nearly 7%, lifting many oil stocks, as gold inched up modestly.<\/p>\n

🏢 Wynne Resorts Ltd.<\/a> +4.8%
\n💊 Walgreen Boots Alliance<\/a> +2.64%
\n💿Lightspeed POS<\/a> +14%
\n🛍 Shopify Inc.<\/a> +8.36%
\n🏛 Brookfield Property Partners<\/a> +14.5%<\/p>\n","protected":false},"excerpt":{"rendered":"

The third quarter continues its rally as a surprisingly good U.S. jobs report fueled markets Thursday. Non-farm payrolls bounced back by 4.8 million, far surpassing the expected 2.9 million as American unemployment fell to 11.1%, the lowest level during this […]<\/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-177445","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\/177445","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=177445"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/177445\/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=177445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=177445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=177445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}