{"id":217784,"date":"2021-03-22T17:59:03","date_gmt":"2021-03-22T21:59:03","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=217784"},"modified":"2021-03-22T17:59:03","modified_gmt":"2021-03-22T21:59:03","slug":"10-year-declines-tech-rises-cpr-buys","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/10-year-declines-tech-rises-cpr-buys\/","title":{"rendered":"10-year declines, tech rises, CPR buys"},"content":{"rendered":"

Markets began the week reverting to one of two recent scripts: the U.S. 10-year Treasury slipping 2.7% to 1.684% while tech rallied. Not only tech, but the Dow rose 0.32% and the S&P advanced 0.7%. The Nasdaq enjoyed the steepest gains, up 1.23% as Apple<\/a> jumped 2.83%, Microsoft<\/a> 2.45%, Intel<\/a> 2.93% and Adobe<\/a> by 2.47%.<\/p>\n

No surprise that tech enjoyed the biggest gains on the Dow, while consumer and healthcare names also rose. Procter & Gamble<\/a> climbed 1.7% and McDonald<\/a>‘s finished 1.18%. Showing weakness were financials, like JPMorgan<\/a>, closing -2.69% and industrials such as Boeing<\/a> at -1.79%. Gold moved down modestly, but Bitcoin<\/a> fell as much as 2.65%.<\/p>\n

Oil reported a mixed picture as the price of WTI inched up 0.21%, but WCS ticked down 0.43% but remained above $50\/barrel. Despite that, the TSX climbed 0.22%. Tech rallied as real estate and staples gained, though industrials and energy sold off. Shopify<\/a> jumped 3.61%, Lightspeed POS<\/a> regained 3.25% and green energy recovered some ground after a big sell-off recently as Northland Power<\/a> rallied 3.49%. The big news Monday was CP Rail buying Kansas City Southern in a US$25-billion blockbuster deal that will create a North American railway network. The deal depends on U.S. government approval which could take more than a year. KSU<\/a> shot up 10.79% while CP<\/a> fell 5.41%.<\/p>\n

🍎 Apple<\/a> +2.83%
\nⓂ Microsoft<\/a> +2.45%
\n💾 Intel<\/a> +2.93%
\n💾 Adobe Systems<\/a> +2.47%
\n🛍 Procter & Gamble<\/a> +1.7%
\n🍟 McDonalds<\/a> +1.18%
\n🏛 JP Morgan Chase & Co<\/a> -2.69%
\n🛫 Boeing<\/a> -1.79%
\n🅱 The Bitcoin Fund<\/a> -2.65%
\n🛍 Shopify Inc.<\/a> +3.61%
\n💿 Lightspeed POS<\/a> +3.25%
\n🌲 Northland Power Inc<\/a> +3.49%
\n🚂 Kansas City Southern<\/a> +10.79%
\n🚂 Canadian Pacific Rail<\/a> -5.41%<\/p>\n","protected":false},"excerpt":{"rendered":"

Markets began the week reverting to one of two recent scripts: the U.S. 10-year Treasury slipping 2.7% to 1.684% while tech rallied. Not only tech, but the Dow rose 0.32% and the S&P advanced 0.7%. The Nasdaq enjoyed the steepest […]<\/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-217784","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\/217784","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=217784"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/217784\/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=217784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=217784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=217784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}