May began with stocks rallying, except tech. Bouncing back from recent sessions, the major indices enjoyed healthy gains: the TSX UP 0.55%, the Dow 0.71% and the S&P 0.28% falling just short of making an all-time high. Though rising Monday morning, the Nasdaq finished in the red at -0.48%. While American ISM numbers for April came in below target, Wall Street still found them impressive, as Bay Street reveled in the tenth-straight month of Canadian manufacturing gains.<\/p>\n
A pop in WTI crude over 1% and in WCS of nearly 2% helped lift the TSX. In Toronto, energy, materials and real estate soared. Among the big gainers were Silvercorp Metals<\/a>, up 12%, America’s Silver and Gold at 11.7% and Crescent Point Energy<\/a> at 4.12%. In contrast, cannabis sold off as Tilray<\/a> and Aphria<\/a> closed their merger. Both stocks tumbled over 7% on the Nasdaq and TSX respectively.<\/p>\n Tech heavyweight Shopify<\/a> shed 5.23% in Toronto. On Wall Street, AMD<\/a> slid 3.76% and Amazon<\/a> fell 2.33% as tech stocks endured a rough session. So did Estee Lauder<\/a> which reported weak Q1 sales numbers and sent the stock reeling 7.93%. Elsewhere, Beyond Meat<\/a> fell 4%, while the transports enjoyed several upgrades, which propelled FedEx<\/a> shares by 4.91% and UPS<\/a> by 4.09%. Lastly, Bitcoin<\/a> rose over 1%. Note: Markets in the U.K. and China were closed for holidays on Monday.<\/p>\n 🥈 Silvercorp Metals Inc.<\/a> +12% May began with stocks rallying, except tech. Bouncing back from recent sessions, the major indices enjoyed healthy gains: the TSX UP 0.55%, the Dow 0.71% and the S&P 0.28% falling just short of making an all-time high. Though rising Monday […]<\/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-224709","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\/224709","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=224709"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/224709\/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=224709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=224709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=224709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Crescent Point Energy Corp<\/a> +4.12%
\n🌿 Tilray Inc.<\/a> -7%
\n🌿 Aphria Inc<\/a> -7%
\n🛍 Shopify Inc.<\/a> -5.23%
\n💾 Advanced Micro Devices<\/a> -3.76%
\n📦 Amazon.com<\/a> -2.33%
\n💄 Estee Lauder<\/a> -7.93%
\n🥩 Beyond Meat Inc.<\/a> -4%
\n🚐 FedEx<\/a> +4.91%
\n📦 United Parcel Services<\/a> +4.09%
\n🅱 The Bitcoin Fund<\/a> +1%<\/p>\n","protected":false},"excerpt":{"rendered":"