{"id":269980,"date":"2022-03-17T17:27:43","date_gmt":"2022-03-17T21:27:43","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=269980"},"modified":"2022-03-17T17:27:43","modified_gmt":"2022-03-17T21:27:43","slug":"stocks-and-oil-rise","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-and-oil-rise\/","title":{"rendered":"Stocks and oil rise"},"content":{"rendered":"<p>On Thursday, stocks extended strong gains of the previous two days, but crude oil also rallied. The S&amp;P and Dow both added 1.23%, the Nasdaq 1.33% and the TSX 1.41%. The VIX hit its lowest level since February 17, at 25. WTI jumped nearly 9% above $103 while WCS leapt 10% to $90.50.<\/p>\n<p>Big gainers on Bay Street were <a href=\"https:\/\/stockchase.com\/company\/view\/5736\/XBC-T\">Xebec Adsorption<\/a> up 21.3%, <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed<\/a> up 15.85%, <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei<\/a> popping 5.11% and <a href=\"https:\/\/stockchase.com\/company\/view\/5439\/WPRT-T\">Westport Fuel Systems<\/a> at 14.87%. <a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovus<\/a> changed the most hands and rose 3.01%. The Canadian dollar maintained levels right below $0.80. On both sides of the border, tech continued to gain, bouncing out of bear market territory of just a few days ago.<\/p>\n<p>On Wall Street, <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon<\/a> climbed 2.7%, <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> 3.73%, and <a href=\"https:\/\/stockchase.com\/company\/view\/362\/DE-N\">Deere<\/a> 4.62%, but oil names enjoyed the most gains. <a href=\"https:\/\/stockchase.com\/company\/view\/1682\/DVN-N\">Devon Energy<\/a> spiked 9.6% and <a href=\"https:\/\/stockchase.com\/company\/view\/1513\/OXY-N\">Occidental<\/a> 9.47%. All the Dow components were the in green as investors digested predictable announcements of a 0.25% interest rate hike from the U.S. Fed a day earlier. Laggards were few and far between, and included <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> down 3.19% and <a href=\"https:\/\/stockchase.com\/company\/view\/585\/HPQ-N\">HP<\/a> losing 3.69%. Also, <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> slipped 1.3% to below $41,000, though gold inched up to $1,941 an ounce.<\/p>\n<p>&#x2699; <a href=\"https:\/\/stockchase.com\/company\/view\/5736\/XBC-T\">Xebec Adsorptions Inc (XBC-T)<\/a> +21.3%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> +15.85%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei Corp (NVEI-T)<\/a> +5.11%<br \/>\n&#x1f9f1; <a href=\"https:\/\/stockchase.com\/company\/view\/5439\/WPRT-T\">Westport Fuel Systems Inc (WPRT-T)<\/a> +14.87%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovus Energy (CVE-T)<\/a> +3.01%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon.com (AMZN-Q)<\/a> +2.7%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> +3.73%<br \/>\n&#x1f98c; <a href=\"https:\/\/stockchase.com\/company\/view\/362\/DE-N\">Deere &amp; Co. (DE-N)<\/a> +4.62%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1682\/DVN-N\">Devon Energy Corp (DVN-N)<\/a> +9.6%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1513\/OXY-N\">Occidental Petroleum Corp (OXY-N)<\/a> +9.47%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> -3.19%<br \/>\n&#x1f4bb; <a href=\"https:\/\/stockchase.com\/company\/view\/585\/HPQ-N\">Hewlett-Packard Co (HPQ-N)<\/a> -3.69%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -1.3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, stocks extended strong gains of the previous two days, but crude oil also rallied. The S&amp;P and Dow both added 1.23%, the Nasdaq 1.33% and the TSX 1.41%. The VIX hit its lowest level since February 17, at [&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-269980","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\/269980","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=269980"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/269980\/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=269980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=269980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=269980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}