{"id":275061,"date":"2022-04-25T18:48:33","date_gmt":"2022-04-25T22:48:33","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=275061"},"modified":"2022-04-25T18:48:33","modified_gmt":"2022-04-25T22:48:33","slug":"oil-pressures-tsx-wall-street-rebounds","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-pressures-tsx-wall-street-rebounds\/","title":{"rendered":"Oil pressures TSX, Wall Street rebounds"},"content":{"rendered":"<p>On Monday, stocks looked like they would extend last week&#8217;s deep losses as the Toronto and New York indices tanked. However, late in the session, American stocks underwent a surprise rally to close in the positive. While the TSX shed 0.82% to nearly fall to 21,000, the S&amp;P advanced 0.58%, the Nasdaq rose 1.29% and the Dow 0.71%. In contrast, the U.S. 10-year yield inched down to 2.82%. Perhaps news of the Twitter board accepting Elon Musk&#8217;s buyout offer lifted sentiment.<\/p>\n<p>Major movers included <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet<\/a>, class C up 3.04%, <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet<\/a> 6.31%, <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna<\/a> 7.18% and <a href=\"https:\/\/stockchase.com\/EFX-N\">Equifax<\/a> 4.81%, while <a href=\"https:\/\/stockchase.com\/VZ-N\">Verizon<\/a> shed 3.14%, <a href=\"https:\/\/stockchase.com\/DE-N\">Deere<\/a> tumbled 4.48%, <a href=\"https:\/\/stockchase.com\/XOM-N\">Exxon<\/a> slid 3.37% and <a href=\"https:\/\/stockchase.com\/BKR-Q\">Baker Hughes<\/a> lost 4.53%.<\/p>\n<p>Healthcare, financials and even tech were up. Oil was down on both sides of the border as WTI dropped 3% to $99 and WCS to $86.60. In Toronto, energy stocks were the most active and the biggest losers: <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge<\/a> 1.56%, <a href=\"https:\/\/stockchase.com\/ATH-T\">Athabasca Oil<\/a> -3.54% and <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus<\/a> -4.64%. The winners were <a href=\"https:\/\/stockchase.com\/VLNS-T\">Valens<\/a> up 6.77%, <a href=\"https:\/\/stockchase.com\/TOY-T\">Spin Master<\/a> 6.61% and <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed<\/a> up 5.29% as tech mounted a revival. Finally, <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> climbed 1.4% to top $40,000.<\/p>\n<p>&#x1f9ee; <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet Inc. \/ Google (GOOG-Q)<\/a> +3.04%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet Inc (FTNT-Q)<\/a> +6.31%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna (MRNA-Q)<\/a> +7.18%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/EFX-N\">Equifax Inc. (EFX-N)<\/a> +4.81%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/VZ-N\">Verizon Communications (VZ-N)<\/a> -3.14%<br \/>\n&#x1f98c; <a href=\"https:\/\/stockchase.com\/DE-N\">Deere &amp; Co. (DE-N)<\/a> -4.48%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/XOM-N\">Exxon Mobil (XOM-N)<\/a> -3.37%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BKR-Q\">Baker-Hughes (BHGE-Q)<\/a> -4.53%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge (ENB-T)<\/a> -1.56%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ATH-T\">Athabasca Oil Sands Corp (ATH-T)<\/a> -3.54%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus Energy (CVE-T)<\/a> -4.64%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/VLNS-T\">The Valens Company (VLNS-T)<\/a> +6.77%<br \/>\n&#x1f9f8; <a href=\"https:\/\/stockchase.com\/TOY-T\">Spin Master Corp (TOY-T)<\/a> +6.61%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> +5.29%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +1.4%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, stocks looked like they would extend last week&#8217;s deep losses as the Toronto and New York indices tanked. However, late in the session, American stocks underwent a surprise rally to close in the positive. While the TSX shed [&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-275061","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\/275061","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=275061"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/275061\/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=275061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=275061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=275061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}