{"id":249285,"date":"2021-10-19T18:12:47","date_gmt":"2021-10-19T22:12:47","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=249285"},"modified":"2021-10-19T18:12:47","modified_gmt":"2021-10-19T22:12:47","slug":"stocks-and-yields-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-and-yields-rally\/","title":{"rendered":"Stocks and yields rally"},"content":{"rendered":"<p>For now at least, investors are shrugging off rises in the U.S. 10-year yield and buying tech stocks. On Tuesday, the yield jumped 2.3% to 1.641% while the tech-heavy Nasdaq ran up 0.71% to hover just 2% below its all-time high. The Dow added 0.57% and the S&amp;P advanced 0.74%. There was green across the Dow components, though healthcare was a little mixed.<\/p>\n<p>Gainers included <a href=\"https:\/\/stockchase.com\/MRK-N\">Merck<\/a> by 3%, global bellwether <a href=\"https:\/\/stockchase.com\/DE-N\">Deere<\/a> at 3.39%, <a href=\"https:\/\/stockchase.com\/QCOM-Q\">Qualcomm<\/a> 1.83%, <a href=\"https:\/\/stockchase.com\/PFE-N\">Pfizer<\/a> 1.86% and <a href=\"https:\/\/stockchase.com\/BIDU-Q\">Baidu<\/a> 4.65%. Losing ground were travel names <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival<\/a> at -3.42% and <a href=\"https:\/\/stockchase.com\/UAL-Q\">United Airlines<\/a> at -2.01%, and <a href=\"https:\/\/stockchase.com\/WU-N\">Western Union<\/a> down -5.31%.<\/p>\n<p>Crude oil continued its climb as WCS added 1.2% to top $68 per barrel, and WTI 0.5% to nearly break $83. This helped lift the TSX 0.48% to another record close at 21,086, the first time the index has cracked 21K. Getting higher were pot stocks such as <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> which soared 15.71% and <a href=\"https:\/\/stockchase.com\/HEXO-T\">Hexo<\/a> by 14.83%. <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> leapt 13.39% while <a href=\"https:\/\/stockchase.com\/XBC-T\">Xebec Adsorption<\/a> jumped 10%. Telcos were flat and staples lost a bit of ground, but otherwise the Toronto sectors were well into the green. Gold added a few dollars on a quiet day to bubble below $1,800, while <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">Bitcoin<\/a> jumped\u00a0 4.5% past $64,000.<\/p>\n<p>&#x1f48a; <a href=\"https:\/\/stockchase.com\/MRK-N\">Merck &amp; Company (MRK-N)<\/a> +3%<br \/>\n&#x1f98c; <a href=\"https:\/\/stockchase.com\/DE-N\">Deere &amp; Co. (DE-N)<\/a> +3.39%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/QCOM-Q\">Qualcomm (QCOM-Q)<\/a> +1.83%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/PFE-N\">Pfizer Inc (PFE-N)<\/a> +1.86%<br \/>\n&#x1f232; <a href=\"https:\/\/stockchase.com\/BIDU-Q\">Baidu.com (BIDU-Q)<\/a> +4.65%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival Corp. (CCL-N)<\/a> -3.42%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/UAL-Q\">United Airlines Holdings (UAL-Q)<\/a> -2.01%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/WU-N\">Western Union Co. (WU-N)<\/a> -5.31%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> +15.71%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/HEXO-T\">Hexo Corp (HEXO-T)<\/a> +14.83%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry (BB-T)<\/a> +13.39%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/XBC-T\">Xebec Adsorptions Inc (XBC-X)<\/a> +10%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">The Bitcoin Fund (QBTC.U-T)<\/a> +4.5%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For now at least, investors are shrugging off rises in the U.S. 10-year yield and buying tech stocks. On Tuesday, the yield jumped 2.3% to 1.641% while the tech-heavy Nasdaq ran up 0.71% to hover just 2% below its all-time [&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-249285","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\/249285","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=249285"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/249285\/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=249285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=249285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=249285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}