{"id":202036,"date":"2020-12-03T17:14:24","date_gmt":"2020-12-03T22:14:24","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=202036"},"modified":"2020-12-04T10:22:39","modified_gmt":"2020-12-04T15:22:39","slug":"vaccine-plans-and-stiumulus-talks-nudge-markets-up","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/vaccine-plans-and-stiumulus-talks-nudge-markets-up\/","title":{"rendered":"Vaccine plans and stimulus talks nudge markets up"},"content":{"rendered":"<p>Markets on Thursday inched up as U.S. stimulus talks and plans to mass-vaccinate the population continue to fuel investor optimism, despite record cases and deaths from Covid, particularly in America. In Canada, telcos, energy and staples led the TSX which closed 0.23%. Materials was the only negative sector.<\/p>\n<p>One of the biggest gainers was <a href=\"https:\/\/stockchase.com\/company\/view\/2488\/WSP-T\">WSP Global<\/a>, up 11.62%, after taking over an environmental consulting firm which will position <a href=\"https:\/\/finance.yahoo.com\/news\/wsp-acquire-golder-creating-leading-123000477.html\" target=\"_blank\" rel=\"noopener\">WSP<\/a> to capitalize on the growing ESG movement. Banks earnings continued as <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-12-03\/td-earnings-lifted-by-firm-s-canadian-retail-banking-business\" target=\"_blank\" rel=\"noopener\">TD<\/a> and CIBC reported strong quarters, both lifted by lower loan-loss provisions. Despite spiking at the opening of the session, <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">TD<\/a> actually finished -0.16% while <a href=\"https:\/\/stockchase.com\/company\/view\/278\/CM-T\">CIBC<\/a> closed 0.26%. Meanwhile, <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada<\/a> continued to climb, rising 5.25%.<\/p>\n<p>On Wall Street, onoing stimulus talks in Washington gave investors hope as the Dow rose 0.29% and the Nasdaq made a new record, up 0.23%. Only the S&amp;P closed slightly down. Recent good news from the vaccine-makers also upheld sentiment. However, an announcement from <a href=\"https:\/\/finance.yahoo.com\/news\/pfizer-supply-chain-challenges-led-213648370.html\" target=\"_blank\" rel=\"noopener\">Pfizer<\/a> that it can deliver only half of its expected batch of vaccines this year due to supply constraints pressured that stock by 1.74%, but boosted <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna<\/a>&#8216;s by 10%. Elsewhere, an order of planes from Ryanair fuelled <a href=\"https:\/\/stockchase.com\/company\/view\/126\/BA-N\">Boeing<\/a> shares by 6%, and an order of vaccines by Washington lifted <a href=\"https:\/\/finance.yahoo.com\/news\/coronavirus-update-us-reaches-100-k-hospitalization-record-federal-govt-buys-more-eli-lilly-antibody-doses-162257904.html\" target=\"_blank\" rel=\"noopener\">Walgreens<\/a> by 7.48%. <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreens<\/a> will help administer the vaccine when it arrives. The price of WTI oil gained 0.8% by the close while WCS rallied 1.2% amid news that <a href=\"https:\/\/www.npr.org\/2020\/12\/03\/938972926\/opec-to-modestly-boost-output-ending-divisive-talks-amid-uncertain-global-econom\" target=\"_blank\" rel=\"noopener\">OPEC<\/a> will moderately increase production starting in January.<\/p>\n<p>&#x1f9f1; <a href=\"https:\/\/stockchase.com\/company\/view\/2488\/WSP-T\">WSP Global Inc.<\/a> +11.62%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">Toronto Dominion<\/a> -0.16%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/278\/CM-T\">Canadian Imperial Bank of Commerce<\/a> +0.26%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada<\/a> +5.25%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/company\/view\/951\/PFE-N\">Pfizer Inc<\/a> -1.74%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna<\/a> +10%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/126\/BA-N\">Boeing<\/a> +6%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreen Boots Alliance<\/a> +7.48%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets on Thursday inched up as U.S. stimulus talks and plans to mass-vaccinate the population continue to fuel investor optimism, despite record cases and deaths from Covid, particularly in America. In Canada, telcos, energy and staples led the TSX which [&hellip;]<\/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-202036","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\/202036","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=202036"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/202036\/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=202036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=202036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=202036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}