The TSX was closed for Victoria Day, but American stocks rallied on Monday, driven by oil and tech. The major indices closed on strength as the S&P rose nearly 1%, the Dow 0.54% and the Nasdaq by 1.52%. The price of WTI soared 3.74% and WCS by nearly 4.5% by the close.<\/p>\n
Microsoft<\/a> jumped 2.3% and helped lift the indices. Other big movers included Beyond Meat<\/a>, leaping 10%, Tesla<\/a> 4.4%, Twiter<\/a> 4.79% and Applied Materials<\/a> by 4.62%. Losing ground were Dollar General<\/a> at -3.84% and Carmax<\/a> at -2.4%.<\/p>\n All the Dow components surged except healthcare. Bitcoin<\/a> continued its wild ride by rocketing 20% to nearly top $40,000. Meanwhile gold held steady and the U.S. 10-year yield slipped to 1.608%. For now, at least, investors are setting aside inflation fears and embracing risk-on tech names. Canadian markets reopen Tuesday and should play catch-up.<\/p>\n Ⓜ Microsoft<\/a> +2.3% The TSX was closed for Victoria Day, but American stocks rallied on Monday, driven by oil and tech. The major indices closed on strength as the S&P rose nearly 1%, the Dow 0.54% and the Nasdaq by 1.52%. The price […]<\/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-228020","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\/228020","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=228020"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/228020\/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=228020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=228020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=228020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🥩 Beyond Meat Inc.<\/a> +10%
\n🚗 Tesla Motors Inc<\/a> +4.4%
\n🐦 Twitter, Inc<\/a> +4.79%
\n🏗 Applied Materials<\/a> +4.62%
\n🛒 Dollar General Corp.<\/a> -3.84%
\n🚙 CarMax<\/a> -2.4%
\n🅱 The Bitcoin Fund<\/a> +20%<\/p>\n","protected":false},"excerpt":{"rendered":"