{"id":218849,"date":"2021-03-29T18:58:48","date_gmt":"2021-03-29T22:58:48","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=218849"},"modified":"2021-03-29T18:58:48","modified_gmt":"2021-03-29T22:58:48","slug":"markets-mixed-but-calmer","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-mixed-but-calmer\/","title":{"rendered":"Markets mixed but calmer"},"content":{"rendered":"<p>It was a relatively quiet start to the trading week as markets dipped negative Monday morning, but climbed in the afternoon to mixed results. The S&amp;P lost a few points, but essentially finished flat as the Dow rose 0.3% to make a new record high. The Nasdaq closed off its session lows to -0.6% while the TSX finished -0.16%. The VIX crept up over 10% to 20.82, but volumes on the Nasdaq were very low while those on the Dow quite high. There was no panic selling of tech names in the face of the U.S. 10-year jumping 2% to 1.713%. This suggests that the rotation may be easing into a broad-based rally. Also calming the waters was good news that the massive vessel got unstuck in the Suez Canal and shipping resumed in this vital route.<\/p>\n<p>On Wall Street, financials slipped, like <a href=\"https:\/\/stockchase.com\/company\/view\/1341\/WFC-N\">Wells Fargo<\/a> by 3.32%, and in travel, such as <a href=\"https:\/\/stockchase.com\/company\/view\/3564\/WYNN-Q\">Wynn Resorts<\/a> by tumbling 3.08%. Some tech names enjoyed decent gains: <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/FB-Q\">Facebook<\/a> up 2.76% and <a href=\"https:\/\/stockchase.com\/company\/view\/3626\/ATVI-Q\">Activision Blizzard<\/a> at 1.75%. Healthcare and industrials thrived. Southwest&#8217;s order of the 737 Max lifted <a href=\"https:\/\/stockchase.com\/company\/view\/126\/BA-N\">Boeing<\/a> shares by 2.31%.<\/p>\n<p>On Bay Street, staples surged as most other sector were variously weak. As the price of WCS and WTIC climbed by 1%, several energy names rallied, starting with <a href=\"https:\/\/stockchase.com\/company\/view\/4738\/CJ-T\">Cardinal Energy<\/a> popping 11.2% and <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley<\/a>, rising 4.31%. Elsewhere, <a href=\"https:\/\/stockchase.com\/company\/view\/1519\/ATDB-T\">Alimentation Couche-Tard<\/a> rose 3.7% as did <a href=\"https:\/\/stockchase.com\/company\/view\/1356\/WN-T\">Weston<\/a>. On the downside, <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power<\/a> closed -6.3% and some cannabis stocks slipped, including <a href=\"https:\/\/stockchase.com\/company\/view\/6611\/OGI-T\">Organigram<\/a> at -5.44%.<\/p>\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1341\/WFC-N\">Wells Fargo<\/a> -3.32%<br \/>\n&#x1f3e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3564\/WYNN-Q\">Wynne Resorts Ltd.<\/a> -3.08%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/FB-Q\">Facebook<\/a> +2.76%<br \/>\n&#x1f3ae; <a href=\"https:\/\/stockchase.com\/company\/view\/3626\/ATVI-Q\">Activision Blizzard<\/a> +1.75%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/126\/BA-N\">Boeing<\/a> +2.31%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4738\/CJ-T\">Cardinal Energy Ltd<\/a> +11.2%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley Energy<\/a> +4.31%<br \/>\n&#x1f3ea; <a href=\"https:\/\/stockchase.com\/company\/view\/1519\/ATDB-T\">Alimentation Couche-Tard (B)<\/a> +3.7%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/1356\/WN-T\">George Weston Ltd.<\/a> +3.7%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power Systems<\/a> -6.3%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6611\/OGI-T\">OrganiGram Holdings Inc.<\/a> -5.44%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was a relatively quiet start to the trading week as markets dipped negative Monday morning, but climbed in the afternoon to mixed results. The S&amp;P lost a few points, but essentially finished flat as the Dow rose 0.3% to [&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-218849","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\/218849","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=218849"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/218849\/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=218849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=218849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=218849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}