{"id":256288,"date":"2021-12-07T17:43:47","date_gmt":"2021-12-07T22:43:47","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=256288"},"modified":"2021-12-07T17:43:47","modified_gmt":"2021-12-07T22:43:47","slug":"stocks-and-oil-extend-gains","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-and-oil-extend-gains\/","title":{"rendered":"Stocks and oil extend gains"},"content":{"rendered":"<p>On Tuesday, stocks and crude oil continued to bounce from last week&#8217;s steep sell-off. Tech led the way as the Nasdaq jumped 3% in a consistently strong session while the S&amp;P gained 2%, the Dow 1.4% and the TSX 1.45%. It was Wall Street&#8217;s best day since March as all the S&amp;P and Dow sectors rallied.<\/p>\n<p>Notable gainers were <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> up 3.54%, <a href=\"https:\/\/stockchase.com\/AXP-N\">American Express<\/a> by 3.9%, <a href=\"https:\/\/stockchase.com\/BNTX-Q\">BioNTech<\/a> over 8%, <a href=\"https:\/\/stockchase.com\/AZO-N\">AutoZone<\/a> 7.64% and the semis, such as <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> which jumped nearly 8%. Apparently, investors have set aside fears of the Omicron variant, even though health authorities are still studying its power, and absorbing the Fed&#8217;s expected tapering and rate hikes.<\/p>\n<p>Crude oil gushed, which lifted Canadian stocks. WTI crude leapt 3% to top $71 per barrel, and WCS soared 6% to nearly $55. All the TSX sectors rose, starting with energy and tech. <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point Energy<\/a> shot up 9.61%, <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier<\/a> 5.88%, <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham<\/a> 10.7% and <a href=\"https:\/\/stockchase.com\/GOOS-N\">Canada Goose<\/a> climbed 7.8% after recent losses. In contrast, it was a quiet day in cryptos as <a href=\"https:\/\/stockchase.com\/CRYPTO:BCH\">Bitcoin<\/a> inched up 1% to roughly $50,500 while gold held around $1,785 an ounce.<\/p>\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple (AAPL-Q)<\/a> +3.54%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/AXP-N\">American Express (AXP-N)<\/a> +3.9%<br \/>\n&#x1f9eb; <a href=\"https:\/\/stockchase.com\/BNTX-Q\">BioNTech (BNTX-Q)<\/a> +8%<br \/>\n&#x2699; <a href=\"https:\/\/stockchase.com\/AZO-N\">Autozone Inc. (AZO-N)<\/a> +7.64%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia Corp (NVDA-Q)<\/a> +8%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point Energy Corp (CPG-T)<\/a> +9.61%<br \/>\n&#x1f682; <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier Inc (B) (BBD.B-T)<\/a> +5.88%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham (DND-T)<\/a> +10.7%<br \/>\n&#x1f9e3; <a href=\"https:\/\/stockchase.com\/GOOS-N\">Canada Goose (GOOS-N)<\/a> +7.8%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BCH\">Bitcoin Cash (CRYPTO:BCH)<\/a> +1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, stocks and crude oil continued to bounce from last week&#8217;s steep sell-off. Tech led the way as the Nasdaq jumped 3% in a consistently strong session while the S&amp;P gained 2%, the Dow 1.4% and the TSX 1.45%. [&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-256288","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\/256288","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=256288"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/256288\/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=256288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=256288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=256288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}