{"id":228426,"date":"2021-05-26T18:51:14","date_gmt":"2021-05-26T22:51:14","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=228426"},"modified":"2021-05-26T18:51:14","modified_gmt":"2021-05-26T22:51:14","slug":"tsx-makes-record-close","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-makes-record-close\/","title":{"rendered":"TSX makes record close"},"content":{"rendered":"<p>The TSX rallied nearly 1% Wednesday to a new record of 19,745 as all sectors rallied particularly financials, energy and materials. BMO kicked off Canadian bank earnings weak by posting a blow-out quarter and jumping 1.46%, which bodes well for three more banks reporting Thursday.<\/p>\n<p>Toronto&#8217;s biggest gainer was <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">Blackberry<\/a>, soaring 10.51%. It looks like the meme (aka Reddit) traders are back after a long pause, since <a href=\"https:\/\/stockchase.com\/company\/view\/3512\/GME-N\">GameStop<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/5592\/AMC-N\">AMC<\/a> were also spiking today (in New York) by 14% and 11.8% respectively. Cannabis surged as <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray<\/a> rose 7.87% and <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora<\/a> 6.08%. <a href=\"https:\/\/stockchase.com\/company\/view\/1726\/CGX-T\">Cineplex<\/a> leapt 6.42% as Canada inches closer to reopening with more vaccinations, and <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources<\/a> advanced another 5.72%. The price of WTI crude rose modestly, though WCS gained 0.83%. Gold was flat.<\/p>\n<p>In the U.S., the Fed eased worries about runaway inflation and the U.S. 10-year ticked down to 1.574% by the close. The Dow was flat, but the Nasdaq and S&amp;P edged up by 0.59% and 0.19% respectively. The American reopening continues to chug along, pushing up travel stocks like <a href=\"https:\/\/stockchase.com\/company\/view\/1027\/RCL-N\">Royal Caribbean<\/a> by 3.93%. <a href=\"https:\/\/stockchase.com\/company\/view\/1808\/JWN-N\">Nordstrom<\/a>, however, shed 5.78%, after issuing Q1 results. <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreens<\/a> dipped 4%. <a href=\"https:\/\/stockchase.com\/company\/view\/6053\/BYND-Q\">Beyond Meat<\/a> continued to climb, up nearly 6% for the day. <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">Bitcoin<\/a> had a relatively calm session, increasing just over 2%, but stayed below $39,000. Finally, Amazon announced it was buying MGM Studios for $8.45 billion, but shares barely rose.<\/p>\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry<\/a> +10.51%<br \/>\n&#x1f3ae; <a href=\"https:\/\/stockchase.com\/company\/view\/3512\/GME-N\">GameStop Corp.<\/a> +14%<br \/>\n&#x1f39e; <a href=\"https:\/\/stockchase.com\/company\/view\/5592\/AMC-N\">AMC Entertainment Holdings Inc.<\/a> +11.8%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray Inc.<\/a> +7.87%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> +6.08%<br \/>\n&#x1f39e; <a href=\"https:\/\/stockchase.com\/company\/view\/1726\/CGX-T\">Cineplex Inc<\/a> +6.42%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources Ltd. (B)<\/a> +5.72%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/company\/view\/1027\/RCL-N\">Royal Caribbean Cruises<\/a> +3.93%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/1808\/JWN-N\">Nordstrom Inc<\/a> -5.78%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreen Boots Alliance<\/a> -4%<br \/>\n&#x1f969; <a href=\"https:\/\/stockchase.com\/company\/view\/6053\/BYND-Q\">Beyond Meat Inc.<\/a> +6%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">The Bitcoin Fund<\/a> +2%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TSX rallied nearly 1% Wednesday to a new record of 19,745 as all sectors rallied particularly financials, energy and materials. BMO kicked off Canadian bank earnings weak by posting a blow-out quarter and jumping 1.46%, which bodes well for [&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-228426","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\/228426","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=228426"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/228426\/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=228426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=228426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=228426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}