{"id":255739,"date":"2021-12-02T17:31:51","date_gmt":"2021-12-02T22:31:51","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=255739"},"modified":"2021-12-02T17:31:51","modified_gmt":"2021-12-02T22:31:51","slug":"stocks-and-oil-rebound","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-and-oil-rebound\/","title":{"rendered":"Stocks and oil rebound"},"content":{"rendered":"

On Thursday, stocks rebounded from recent sharp selling triggered by fears of the Omicron variant. The Dow rose 1.82%, the S&P 1.42% and the Nasdaq 0.83%. The ongoing see-saw action saw travel names like American Airlines<\/a> recover 6.73%, Booking Holdings<\/a> 5.1% and Airbnb<\/a> 4.05%.Industrials also rebounded as Boeing<\/a> soared 7.23%. Consumer stocks like Disney<\/a> rallied 3.46% and financials jumped including American Express<\/a> and Visa<\/a> both over 4%.<\/p>\n

Losing ground were Pfizer<\/a> at -3.27%, Moderna<\/a> at -3.09% and Micron<\/a> which closed -3.04%. The U.S. 10-year climbed over 2% to 1.434% after seeing days of rollercoaster moves, though Bitcoin was flat at $57,000 and gold slipped nearly 1% to $1,770 an ounce.<\/p>\n

Though OPEC+ decided to raise output in January, WTI crude rose 25% to nearly $67 pre barrel while WCS added 3.5% to around $48.50. Oil’s rally helped push the TSX up 1.35%. Energy as well as financials, given bank earnings week, rallied on Bay Street. TD<\/a> announced a healthy beat, a dividend hike and share buyback and surged nearly 5%. Its peers also rose, including the Bank of Nova Scotia<\/a> which advanced 2.59%. Meanwhile, Bombardier<\/a> jumped 8.39%, Air Canada<\/a> recovered 4.47%, Blackberry<\/a> added nearly 5% and Crescent Point Energy<\/a> rallied 2.55%. In contrast, Canada Goose<\/a> dove 4.57% and Stelco<\/a> slipped 3.8%. The Canadian dollar remained at $0.78 against the USD.<\/p>\n

🛫 American Airlines Group (AAL-Q)<\/a> +6.73%
\n🧳 Booking Holdings Inc. (BKNG-Q)<\/a> +5.1%
\n🏠 Airbnb (ABNB-Q)<\/a> +4.05%
\n🛫 Boeing (BA-N)<\/a> +7.23%
\n👸 Walt Disney Co. (DIS-N)<\/a> +3.46%
\n🏛 American Express (AXP-N)<\/a> +4%
\n💳 Visa Inc. (V-N)<\/a> +4%
\n💉 Pfizer Inc (PFE-N)<\/a> -3.27%
\n💉 Moderna (MRNA-Q)<\/a> -3.09%
\n💾 Micron Technology (MU-Q)<\/a> -3.04%
\n🏛 Toronto Dominion (TD-T)<\/a> +5%
\n🏛 Bank of Nova Scotia (BNS-T)<\/a> +2.59%
\n🚂 Bombardier Inc (B) (BBD.B-T)<\/a> +8.39%
\n🛫 Air Canada (AC-T)<\/a> +4.47%
\n📱 BlackBerry (BB-T)<\/a> +5%
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> +2.55%
\n🧣 Canada Goose (GOOS-N)<\/a> -4.57%
\n⛓ Stelco Holdings Inc. (STLC-T)<\/a> -3.8%<\/p>\n","protected":false},"excerpt":{"rendered":"

On Thursday, stocks rebounded from recent sharp selling triggered by fears of the Omicron variant. The Dow rose 1.82%, the S&P 1.42% and the Nasdaq 0.83%. The ongoing see-saw action saw travel names like American Airlines recover 6.73%, Booking Holdings […]<\/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-255739","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\/255739","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=255739"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/255739\/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=255739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=255739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=255739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}