{"id":243816,"date":"2021-09-13T20:29:13","date_gmt":"2021-09-14T00:29:13","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=243816"},"modified":"2021-09-13T20:29:13","modified_gmt":"2021-09-14T00:29:13","slug":"oil-shines-cn-wins","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-shines-cn-wins\/","title":{"rendered":"Oil shines, CN wins"},"content":{"rendered":"

The week began on a modestly positive note as oil helped lift the TSX 0.16%. Storms in the U.S. threaten the immedate supply with OPEC projected higher oil demand for the rest of this year and 2022. The energy sector leapt 4.23% as several oil names rallied, including Vermilion<\/a> up 10.66%, Suncor by 3.66% and Cresent Point Energy<\/a> which soared 14.42% in heavy trading after raising its dividend. Other resource stocks enjoyed a good Monday, such as Denison Mines<\/a> up 3.52% and CNQ<\/a> by 3.13%.<\/p>\n

Tech lagged the Toronto index as Lightspeed<\/a> dipped 4.58% and Well Health<\/a> slid 4.89%. Elsewhere, Air Transat<\/a> sank 4.22%. The price of WTI finished 1.33% higher to pass $70 per barrel, and WCS jumped nearly 2% to almost touch $59.<\/p>\n

On Wall Street, the S&P advanced 0.23% and the Dow 0.76% though the Nasdaq shed about 10 points. Energy, financials and industrials rallied. Boeing<\/a> and Occidental<\/a> climbed nearly 2% and American Express<\/a> 1.72%. In contrast, Nike<\/a> closed -2.49% and Moderna<\/a> -6.69% after The Lancet announced that a booster shot may not be needed after all, because the current two doses are doing a good job. In the railroad battle, Kansas City<\/a> (up 0.52%) selected CP’s offer and rejected CN’s today. CN<\/a> shares slid 1.9% in Toronto, while CP<\/a> lost only 0.12%. Meanwhile, Bitcoin<\/a> slid over 2% to fall below $45,000.<\/p>\n

🛢 Vermilion Energy Inc<\/a> +10.66%
\n🛢 Suncor Energy Inc<\/a> +3.66%
\n🛢 Crescent Point Energy Corp<\/a> +14.42%
\n⛏ Denison Mines Corp<\/a> +3.52%
\n🛢 Canadian Natural Rsrcs<\/a> +3.13%
\n💾 Lightspeed Commerce Inc<\/a> -4.58%
\n👨‍⚕️ WELL Health Technologies<\/a> -4.89%
\n🛫 Transat AT Inc.<\/a> -4.22%
\n🛫 Boeing<\/a> +2%
\n🛢 Occidental Petroleum Corp<\/a> +2%
\n💳 American Express<\/a> +1.72%
\n👟 Nike Inc<\/a> -2.49%
\n💉 Moderna<\/a> -6.69%
\n🚂 Kansas City Southern<\/a> +0.52%
\n🚂 Canadian National R.R.<\/a> -1.9%
\n🚂 Canadian Pacific Rail<\/a> -0.12%
\n🅱 The Bitcoin Fund<\/a> -2%<\/p>\n","protected":false},"excerpt":{"rendered":"

The week began on a modestly positive note as oil helped lift the TSX 0.16%. Storms in the U.S. threaten the immedate supply with OPEC projected higher oil demand for the rest of this year and 2022. The energy sector […]<\/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-243816","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\/243816","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=243816"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/243816\/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=243816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=243816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=243816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}