Markets in New York and Toronto hit another grand slam on Monday as President Biden’s long-awaited $1-trillion infrastructure bill was finally signed over the weekend and propelled American stocks to yet another record close. Meanwhile, pot stocks surged on the TSX to push the Canadian index to its own record close at 21,556. The TSX advanced 0.46%, the Dow 0.28%, the S&P 0.09% and the Nasdaq 0.07% to close within a hair of 16,000 points.<\/p>\n
In Toronto, the healthcare sector soared over 7% as pot ruled the day: Cronos<\/a> leapt nearly 26%, Tilray<\/a> 15.88% and Hexo<\/a> 12.14%. Passage of the infrastructure bill fed hopes that Washington will legalize cannabis nationally across America. Beyond weed, materials and energy also rallied.<\/p>\n Gainers included Cenovus<\/a> by 4.23%, Denison Mines<\/a> up 7% and Manulife<\/a> up 2.59%. Losing ground were Ritchie Brothers<\/a> sliding 5% and Badger Infrastructure<\/a> down 4.42%. Without a signal from OPEC+ that it will raise crudie oil production, WTI climbed over 1.2% to top $82 per barrel, while WCS jumped 3.5% to $62. On the Dow, tech and financials rallied, while other components were mixed. Crawling up was Caterpillar<\/a> by 4%, BioNTech<\/a> surged nearly 12% and AMD<\/a> jumped 13.82%. Heading south were Nike<\/a> which slid 3.19% and Bed Bath & Beyond<\/a> which slipped nearly 4%. Meanwhile, the U.S. 10-year yield hovered around 1.48%.<\/p>\n 🌿 Cronos Group Inc (CRON-T)<\/a> +26% Markets in New York and Toronto hit another grand slam on Monday as President Biden’s long-awaited $1-trillion infrastructure bill was finally signed over the weekend and propelled American stocks to yet another record close. Meanwhile, pot stocks surged on the […]<\/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-252588","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\/252588","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=252588"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/252588\/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=252588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=252588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=252588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🌿 Tilray Inc. (TLRY-Q)<\/a> +15.88%
\n🌿 Hexo Corp (HEXO-T)<\/a> +12.14%
\n🛢 Cenovus Energy (CVE-T)<\/a> +4.23%
\n⛏ Denison Mines Corp. (DNN-A)<\/a> +7%
\n🏛 Manulife Financial (MFC-T)<\/a> +2.59%
\n🏗 Ritchie Bros Auctioneers Inc. (RBA-T)<\/a> -5%
\n🛢 Badger Daylighting (BAD-T)<\/a> -4.42%
\n🏗 Caterpillar (CAT-N)<\/a> +4%
\n🧫 BioNTech (BNTX-Q)<\/a> +12%
\n💿 Advanced Micro Devices (AMD-Q)<\/a> +13.82%
\n👟 Nike Inc (NKE-N)<\/a> -3.19%
\n🛏 Bed Bath & Beyond (BBBY-Q)<\/a> -4%<\/p>\n","protected":false},"excerpt":{"rendered":"