Though volumes were light, Monday’s trading saw markets across the board (except FAANG) rebound from last week’s drubbing, on the eve of the U.S. presidential vote. The Dow rallied 1.6%, the S&P 1.23% and the Nasdaq 0.42%, though the latter fell into negative territory right before the closing bell.<\/p>\n
Perhaps signalling a shift away from tech, industrials roared Monday with names like Honeywell<\/a> leaping 5.25% and Dow at 5.12%. After all, October’s ISM<\/a> numbers hit a two-year high. Financials, healthcare and energy also outperformed. Chevron<\/a> climbed 3.81% while Walgreens<\/a> climbed 5.26%. As noted, tech stocks were still feeling the hangover of last week’s sell-off with Apple and Microsoft closing down a few pennies, but Amazon<\/a> shedding 1%.<\/p>\n Despite the rising number of Covid cases in Europe and America, particularly, the price of WTI oil soared 3.6% and WCS by nearly 9%. This benefited the TSX which rose 0.75%. The biggest gainers being cannabis producers, Aurora<\/a>, soaring 16%, and Cronos<\/a>, spiking 12%. Energy names also enjoyed a boost as Suncor<\/a> rose 3.46% in heavy trading. Both the energy and industrials sectors popped 2.2%. Only telcos and tech dipped into the negative. Of course, investors in the coming days will be locked into the U.S. vote on Nov. 3 and likely beyond.<\/p>\n 💾 Honeywell International<\/a> +5.25% Though volumes were light, Monday’s trading saw markets across the board (except FAANG) rebound from last week’s drubbing, on the eve of the U.S. presidential vote. The Dow rallied 1.6%, the S&P 1.23% and the Nasdaq 0.42%, though the latter […]<\/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-196770","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\/196770","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=196770"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/196770\/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=196770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=196770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=196770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Chevron Texaco<\/a> +3.81%
\n💊 Walgreen Boots Alliance<\/a> +5.26%
\n📦 Amazon.com<\/a> -1%
\n🌿 Aurora Cannabis<\/a> +16%
\n🌿 Cronos Group Inc<\/a> +12%
\n⚡ Suncor Energy Inc<\/a> +3.46%<\/p>\n","protected":false},"excerpt":{"rendered":"