It was a record-breaking Friday to end a record-breaking week. As positive earnings continued to flow through American and Canadian markets, Pfizer announced that it had produced a pill that effective treats Covid patients, following Merck’s footsteps earlier this fall and sparking talk over the end of Covid. Markets were already climbing new heights this week when the Pfizer news fueled the rally even further. Throw in a stronger-than-expected U.S. jobs report to enhance momentum. Wall Street indices rose a quarter- to a half-percent higher Friday as the S&P settled at 4,697, the Dow at 36,327 and the Nasdaq just 29 points shy of 16K. The TSX climbed 0.53% to 21,455.<\/p>\n
Naturally, Pfizer<\/a> shares soared 10.86% along with travel and leisure names. Expedia<\/a> and Live Nation<\/a> both surged more than 15%. Air Canada<\/a> climbed 6.21%, Chorus Aviation<\/a> leapt 10.67% and American Airlines<\/a> rose 5.74%. Theatre chains Cineplex<\/a> advanced 7% while AMC<\/a> added 4.12% while MGM Resorts<\/a> rallied 6.27%, Airbnb<\/a> popped 3% and Norwegian Cruise Line<\/a> rallied 7.83%.<\/p>\n Crude oil rebounded as WTI surged over 3% to top $81 per barrel while WCS gained half a percent to top $60. Many energy names topped the TSX, such as Enbridge<\/a> by 3% and Arc Resources<\/a> at 7.52%. However, not everything shone on Friday. Lockdown darling Peloton<\/a> lowered its outlook and tanked 35% while Canopy Growth<\/a> plunged 11.68% after delaying its profitability target. Despite the strong U.S. jobs numbers, the U.S. 10-year yield settled around only 1.45%.<\/p>\n 💉 Pfizer Inc (PFE-N)<\/a> +10.86% It was a record-breaking Friday to end a record-breaking week. As positive earnings continued to flow through American and Canadian markets, Pfizer announced that it had produced a pill that effective treats Covid patients, following Merck’s footsteps earlier this fall […]<\/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-252253","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\/252253","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=252253"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/252253\/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=252253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=252253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=252253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n✈ Expedia (EXPE-Q)<\/a> +15%
\n🎟 Live Nation Entertainment Inc. (LYV-N)<\/a> +15%
\n🛫 Air Canada (AC-T)<\/a> +6.21%
\n🛫 Chorus Aviation Inc (CHR-T)<\/a> +10.67%
\n🛫 American Airlines Group (AAL-Q)<\/a> +5.74%
\n🎟 Cineplex Inc (CGX-T)<\/a> +7%
\n🎞 AMC Entertainment Holdings Inc. (AMC-N)<\/a> +4.12%
\n🏢 MGM Mirage (MGM-N)<\/a> +6.27%
\n🏠 Airbnb (ABNB-Q)<\/a> +3%
\n🚢 Norwegian Cruise Line Holdings (NCLH-N)<\/a> +7.83%
\n🛢 Enbridge (ENB-T)<\/a> +3%
\n🛢 Arc Resources Ltd (ARX-T)<\/a> +7.52%
\n🚲 Peloton Interactive (PTON-Q)<\/a> -35%
\n🌿 Canopy Growth Corp. (WEED-T)<\/a> -11.68%<\/p>\n","protected":false},"excerpt":{"rendered":"