{"id":239058,"date":"2021-08-10T17:22:01","date_gmt":"2021-08-10T21:22:01","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=239058"},"modified":"2021-08-11T08:23:09","modified_gmt":"2021-08-11T12:23:09","slug":"infrastructure-and-oil-push-stocks-to-new-highs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/infrastructure-and-oil-push-stocks-to-new-highs\/","title":{"rendered":"Infrastructure and oil push stocks to new highs"},"content":{"rendered":"<hr \/>\n<table cellpadding=\"10\" align=\"center\">\n<tbody style=\"padding: 10px; font-family: Helvetica, Arial;\">\n<tr align=\"center\">\n<td align=\"center\"><center>This week, you missed Past Top Picks comments by <a href=\"https:\/\/stockchase.com\/expert\/view\/1274\/Christine-Poole\">Christine Poole<\/a>, including <a href=\"https:\/\/stockchase.com\/company\/view\/1083\/RY-T\">Royal Bank<\/a> <span style=\"font-family: inherit; font-size: inherit;\"> (<strong>A Top Pick Aug 13\/19, Up 1%<\/strong><\/span><span style=\"font-family: inherit; font-size: inherit;\">) <\/span><strong style=\"font-family: inherit; font-size: inherit;\"><a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-text\">Get Premium<\/a> to receive all past top picks opinions a few hours before market open.<br \/>\n<a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-image\"><img decoding=\"async\" class=\"alignnone size-full wp-image-123205\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/11\/premium-button.png\" alt=\"Get Premium\" width=\"289\" height=\"48\" \/><\/a><\/strong><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>In Washington on Tuesday, the U.S. Senate finally passed President Biden&#8217;s US$1-trillion infrastructure bill which now goes to the House of Representatives for approval. Though investors are keeping an eye on the Delta variant, they pushed the Dow 0.46% to a record close of 35,264 while adding 0.1% to the S&amp;P. The Nasdaq, which has recently made new highs, gave back 0.49%. Except tech, the major Dow components rallied.<\/p>\n<p>Naturally, industrials jumped up, including <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> by 2.48% while <a href=\"https:\/\/stockchase.com\/company\/view\/1355\/WMT-N\">Walmart<\/a> rose 2.13%. <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">Salesforce<\/a> slid 2.38%, <a href=\"https:\/\/stockchase.com\/company\/view\/3696\/ISRG-Q\">Intuitive Surgical<\/a> slipped 3.53% while <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna<\/a> gave back 5.72% after days of strong gains. The battle of Kansas City Southern flared up as <a href=\"https:\/\/stockchase.com\/company\/view\/3527\/KSU-N\">KSU<\/a> jumped 7.47% after Canadian Pacific upped its bid against CN.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/308\/CP-T\">CP<\/a> itself fell 1.19% and CNR nearly as much. However, the TSX hit a new high of 20,495 as WTI crude surged 3% and WCS by 3.5%. Financials also fueled the rally while real estate lagged. The day&#8217;s big gainers included tech upstart <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei<\/a> which announced a blow-out quarter and soared 15%. <a href=\"https:\/\/stockchase.com\/company\/view\/2655\/DML-T\">Denison Mines<\/a> leapt 7%, <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> popped 2.6% and <a href=\"https:\/\/stockchase.com\/company\/view\/1083\/RY-T\">Royal Bank<\/a> edged up 0.78% to an all-time high. Meanwhile, the price of gold held steady as <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">Bitcoin<\/a> added 0.35%.<\/p>\n<p>&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> +2.48%<br \/>\n&#x1f6d2; <a href=\"https:\/\/stockchase.com\/company\/view\/1355\/WMT-N\">Walmart Inc<\/a> +2.13%<br \/>\n&#x1f4a8; <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">SalesForce.com Inc.<\/a> -2.38%<br \/>\n&#x1fa7a; <a href=\"https:\/\/stockchase.com\/company\/view\/3696\/ISRG-Q\">Intuitive Surgical Inc.<\/a> -3.53%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna<\/a> -5.72%<br \/>\n&#x1f682; <a href=\"https:\/\/stockchase.com\/company\/view\/3527\/KSU-N\">Kansas City Southern<\/a> +7.47%<br \/>\n&#x1f682; <a href=\"https:\/\/stockchase.com\/company\/view\/308\/CP-T\">Canadian Pacific Rail<\/a> -1.19%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei Corp<\/a> +15%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/2655\/DML-T\">Denison Mines Corp<\/a> +7%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs<\/a> +2.6%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1083\/RY-T\">Royal Bank<\/a> +0.78%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">The Bitcoin Fund<\/a> +0.35%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Christine Poole, including Royal Bank (A Top Pick Aug 13\/19, Up 1%) Get Premium to receive all past top picks opinions a few hours before market open. In Washington on Tuesday, [&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-239058","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\/239058","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=239058"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/239058\/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=239058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=239058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=239058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}