{"id":245392,"date":"2021-09-23T19:11:45","date_gmt":"2021-09-23T23:11:45","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=245392"},"modified":"2021-09-24T00:00:42","modified_gmt":"2021-09-24T04:00:42","slug":"fed-fears-ebb-markets-extend-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/fed-fears-ebb-markets-extend-rally\/","title":{"rendered":"Fed fears ebb, markets extend rally"},"content":{"rendered":"<p>Stock company pages on Stockchase have been updated and now feature a new chart layout with 1w, 1m, 6m and 1y view options.  Pick your favorite stock among the top picks and have a look at our new company page. Share your feedback by replying to this email. Do you like it or not? <\/p>\n<p>Market extends rally: A day after Jay Powell&#8217;s remarks on inflation and tapering, markets continued to rally on Thursday. Investors had different interpretations on the Fed chair&#8217;s latest comments, but the consensus is that interest rates will stay low for a while. On Wall Street, the S&amp;P surged 1.21%, the Dow added 1.48% and the Nasdaq gained 1.04%. Levels remained consistent throughout the session and all the major components were well into the green.<\/p>\n<p>Big gainers included <a href=\"https:\/\/stockchase.com\/CVX-N\">Chevron<\/a> by 2.48%, <a href=\"https:\/\/stockchase.com\/AXP-N\">American Express<\/a> at 3.5%, <a href=\"https:\/\/stockchase.com\/CRM-N\">Salesforce<\/a> popping 7.21%, <a href=\"https:\/\/stockchase.com\/CAT-N\">Caterpillar<\/a> crawling up 2.75%, and <a href=\"https:\/\/stockchase.com\/CAR-Q\">Avis Budget<\/a> zooming 8.13%. <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">Bitcoin<\/a> added 2.7% to pass $44,600.<\/p>\n<p>Rising crude prices fuelled investor sentiment in Toronto as the TSX advanced 0.3%. The overall picture was more mixed as materials and staples lagged. Notable gainers included <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier<\/a> soaring 7.37%, <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus<\/a> up 4.39%, <a href=\"https:\/\/stockchase.com\/BB-T\">Blackberry<\/a> jumping 10% and <a href=\"https:\/\/stockchase.com\/ARX-T\">Arc Resources<\/a> climbing 5.43%. Several gold names lost ground, including <a href=\"https:\/\/stockchase.com\/BTO-T\">B2Gold<\/a> at -4.39% and <a href=\"https:\/\/stockchase.com\/K-T\">Kinross<\/a> at -3.45%. WTI itself surpassed $73 per barrel while WCS gained 1.35% to pass $61 a barrel. Meanwhile, gold slipped 1.6% to float above $1,700 an ounce. Finally, the Canadian dollar was flat just below 79 cents against the greenback.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVX-N\">Chevron Texaco<\/a> +2.48%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/AXP-N\">American Express<\/a> +3.5%<br \/>\n&#x1f4a8; <a href=\"https:\/\/stockchase.com\/CRM-N\">SalesForce.com Inc.<\/a> +7.21%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/CAT-N\">Caterpillar<\/a> +2.75%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/CAR-Q\">Avis Budget Group<\/a> +8.13%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">The Bitcoin Fund<\/a> +2.7%<br \/>\n&#x2708; <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier Inc (B)<\/a> +7.37%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus Energy<\/a> +4.39%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> +10%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ARX-T\">Arc Resources Ltd<\/a> +5.43%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/BTO-T\">B2Gold Corp.<\/a> -4.39%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/K-T\">Kinross Gold<\/a> -3.45%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock company pages on Stockchase have been updated and now feature a new chart layout with 1w, 1m, 6m and 1y view options. Pick your favorite stock among the top picks and have a look at our new company page. [&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-245392","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\/245392","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=245392"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/245392\/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=245392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=245392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=245392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}