Crude oil prices jumped Monday as investors anticipate higher demand and supply not keeping up. The price of WTI jumped 2% to roughly $75.50 per barrel while WCS rose 2.2% to $63.50. This helped lift the TSX by 0.36% even though real estate and tech stocks lagged.<\/p>\n
Unsurprisingly, oil names outperformed: Crescent Point<\/a> soared over 10%, Baytex Energy<\/a> topped 7.89% with Meg Energy closely behind. Weed names like Aurora<\/a> jumped 7% while airlines Air Canada<\/a> and Chorus Aviation<\/a> both climbed nearly 3.5%. On the losing end were Goeasy<\/a> at -6.42%, Descartes System<\/a> at -4.37% and Enghouse<\/a> at -4.13%.<\/p>\n Wall Street saw a mixed Monday though stocks faded into the close. The Dow finished up 0.21%, the S&P -0.28% and the Nasdaq at 0.52%. On the Dow, energy and industrials rallied, but healthcare was weak. Gainers included Dow up 5.12%, JPMorgan<\/a> at 2.42% and Chevron<\/a> up 2.4%. Also lagging was tech: Adobe<\/a> shed 3% and Microsoft<\/a> retreated 1.73%. Vaccine names also fell back: BioNTech<\/a> was down nearly 8% while AstraZeneca<\/a> slipped 2.7%. Inflation fears have pushed the U.S. 10-year yield to 1.48%. Gold was steady though Bitcoin<\/a> lost 0.78%.<\/p>\n 🛢 Crescent Point Energy Corp<\/a> +10% Crude oil prices jumped Monday as investors anticipate higher demand and supply not keeping up. The price of WTI jumped 2% to roughly $75.50 per barrel while WCS rose 2.2% to $63.50. This helped lift the TSX by 0.36% even […]<\/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-245853","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\/245853","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=245853"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/245853\/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=245853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=245853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=245853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Baytex Energy Corp<\/a> +7.89%
\n🌿 Aurora Cannabis<\/a> +7%
\n🛫 Air Canada<\/a> +3.5%
\n✈ Chorus Aviation Inc<\/a> +3.5%
\n🏛 goeasy<\/a> -6.42%
\n💿 Descartes<\/a> -4.37%
\n💾 Enghouse Systems<\/a> -4.13%
\n🏛 JP Morgan Chase & Co<\/a> +2.42%
\n🛢 Chevron Texaco<\/a> +2.4%
\n💾 Adobe Systems<\/a> -3%
\nⓂ Microsoft<\/a> -1.73%
\n🧫 BioNTech<\/a> -8%
\n💉 Astrazeneca P L C<\/a> -2.7%
\n🅱 The Bitcoin Fund<\/a> -0.78%<\/p>\n","protected":false},"excerpt":{"rendered":"