After a weak morning, American stocks closed modestly higher on Monday while the TSX lost a bit of ground. Wall Street is feeling optimistic about the tech heavyweights reporting earnings this week, though are keeping an eye on the Fed’s next policy meeting. The S&P and Dow both rose 0.24% to make record highs, while the Nasdaq added about four points and was flat. As expected in the mid-summer, volumes were lighter than usual, though robust for tech. On the Dow, industrials, financials and energy rallied.<\/p>\n
Gainers included Dow, up 3.16%, Chevron<\/a> by 2.11% and Intel<\/a> up 2.47%. Facebook<\/a> climbed 0.72% to climb to another record close ahead of its report on Wednesday. Amazon<\/a> advanced 1.18% and Airbnb<\/a> rallied 2.36%. Chinese tech continued to struggles amid interference from the Chinese government; Baidu<\/a> slid 6%. Outside tech, Live Nation<\/a> jumped 5.75% with investors eying the return of live concerts. Similarly, Caesars Entertainment<\/a> popped 3.26%.<\/p>\n The picture was different in Canada as the TSX closed -0.12% as tech (and industrials) slid, though were offset by materials and energy. Shopify<\/a> tumbled nearly 4%, though Lightspeed<\/a> gained 2.26%. Other movers included Aecon<\/a>, down 2%, Lithium Americas<\/a> up 6.72% after court ruled it can excavate in Nevada, Western Copper and Gold<\/a> surging 6.85% and Goodfood Market<\/a> losing 2.86%. WTI and WCS crude added a dime each to the price of a barrel. In contrast, Bitcoin<\/a> soared nearly 10% past $37,000 on reports that Amazon would accept it as payment this year, but Amazon refuted that.U.S. stocks edge up to new highs over earnings<\/p>\n 🛢 Chevron Texaco<\/a> +2.11% After a weak morning, American stocks closed modestly higher on Monday while the TSX lost a bit of ground. Wall Street is feeling optimistic about the tech heavyweights reporting earnings this week, though are keeping an eye on the Fed’s […]<\/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-236775","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\/236775","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=236775"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/236775\/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=236775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=236775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=236775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💾 Intel<\/a> +2.47%
\n🕵️♂️ Facebook<\/a> +0.72%
\n📦 Amazon.com<\/a> +1.18%
\n🏡 Airbnb<\/a> +2.36%
\n🈲 Baidu.com<\/a> -6%
\n🎞 Live Nation Entertainment Inc.<\/a> +5.75%
\n♠ Caesars Entertainment<\/a> +3.26%
\n🛍 Shopify Inc.<\/a> -4%
\n💾 Lightspeed POS<\/a> +2.26%
\n🏗 Aecon Group Inc<\/a> -2%
\n🥈 Lithium Americas Corp<\/a> +6.72%
\n🥉 Western Copper<\/a> +6.85%
\n🍱 Goodfood Market Corp.<\/a> -2.86%
\n🅱 The Bitcoin Fund<\/a> +10%<\/p>\n","protected":false},"excerpt":{"rendered":"