Like walking in a heatwave, trading was sluggish and slow on Monday, but the TSX and S&P managed to climb a few points before the close to make new record highs. Meanwhile, the Dow slipped by 0.25% while the Nasdaq had another strong session by rallying 0.75%.<\/p>\n
In Toronto, materials lagged but tech jumped. Magna<\/a> closed -1.88% and First Quantum<\/a> -3.71% while Lightspeed<\/a> climbed 5.15%, Shopify<\/a> advanced 4.46% and Kinaxis<\/a> soared 7.31%. Another rise in crude oil fueled the TSX as a barrel of WCS increased 0.25% and WCS 0.35%. The TSX’s rise shrugged off weak data in Canadian factory sales, slipping 2.1% in April from March.<\/p>\n In New York, financials and industrials lost ground as tech rose. Apple<\/a> rallied 2.46%, Salesforce<\/a> 2.48% and Adobe<\/a> 2.9% to make another record close. In contrast, Freeport-McMoran<\/a> closed -3.3%, JP Morgan<\/a> at -1.7% and American Airlines<\/a> -2.29. Novavax<\/a> announced that its Covid vaccine is 90% effective and said that many doses will go to middle- and low-income nations. Shares retrenched nearly 1%. Bitcoin<\/a> bounced 6% to nearly top $40,000 as the U.S. 10-year climbed 1.5% to 1.453%. Last but not least, the Reddit\/meme trade continued as AMC<\/a> leapt over 15% to close at $57 even.<\/p>\n 🚗 Magna Int’l. (A)<\/a> -1.88% Like walking in a heatwave, trading was sluggish and slow on Monday, but the TSX and S&P managed to climb a few points before the close to make new record highs. Meanwhile, the Dow slipped by 0.25% while the Nasdaq […]<\/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-231050","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\/231050","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=231050"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/231050\/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=231050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=231050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=231050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n⛏ First Quantum Minerals<\/a> -3.71%
\n💾 Lightspeed POS<\/a> +5.15%
\n🛍 Shopify Inc.<\/a> +4.46%
\n💾 Kinaxis Inc<\/a> +7.31%
\n🍎 Apple<\/a> +2.46%
\n💨 SalesForce.com Inc.<\/a> +2.48%
\n💿 Adobe Systems<\/a> +2.9%
\n🥇 Freeport McMoran Copper & Gold<\/a> -3.3%
\n🏛 JP Morgan Chase & Co<\/a> -1.7%
\n🛫 American Airlines Group<\/a> -2.29%
\n💉 Novavax Inc<\/a> -1%
\n🅱 The Bitcoin Fund<\/a> +6%
\n🎞 AMC Entertainment Holdings Inc.<\/a> +15%<\/p>\n","protected":false},"excerpt":{"rendered":"