{"id":275470,"date":"2022-04-27T19:04:08","date_gmt":"2022-04-27T23:04:08","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=275470"},"modified":"2022-04-27T19:04:08","modified_gmt":"2022-04-27T23:04:08","slug":"earnings-lift-markets","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/earnings-lift-markets\/","title":{"rendered":"Earnings lift markets"},"content":{"rendered":"<p>Microsoft, Cenovus and Visa&#8217;s reports helped lift markets in New York and Toronto on Wednesday, ending the recent sharp selling streak. The S&amp;P closed 0.21%, the Nasdaq was flat though gained earlier in the session, the Dow added 0.19% and the TSX rose 0.26%. Though Alphabet missed when it reported late Tuesday, Microsoft delivered confident top and bottom line numbers while Visa reported a blowout, signalling that the consumer remains strong.<\/p>\n<p>Big gainers included <a href=\"https:\/\/stockchase.com\/BYND-Q\">Beyond Meat<\/a> up nearly 8%, <a href=\"https:\/\/stockchase.com\/BKNG-Q\">Booking Holdings<\/a> 4.4%, <a href=\"https:\/\/stockchase.com\/MSFT-Q\">Microsoft<\/a> 4.81% and <a href=\"https:\/\/stockchase.com\/V-N\">Visa<\/a> 6.47%. Losers included <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet(A)<\/a> at -3.67%, <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing<\/a> tanked 7.53% after a terrible report, and <a href=\"https:\/\/stockchase.com\/COF-N\">Capital One<\/a> at -5.96%. Sectors were mixed, though generally positive. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> surged 2.7% to $39,000. After hours, <a href=\"https:\/\/stockchase.com\/META-Q\">Meta<\/a> reported and shares jumped 13%.<\/p>\n<p>In Toronto, <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus<\/a> reported a positive quarter and a large dividend hike which propelled shares by 10.34%. Energy was easily the strongest sector, followed by materials. Other winners were <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex<\/a> up 5.72%, <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> 3.92% and <a href=\"https:\/\/stockchase.com\/WCP-T\">Whitecap Resources<\/a> by 6.08%. WTI crude inched up 0.35% to $102 while WCS slipped to $89. Elsewhere, <a href=\"https:\/\/stockchase.com\/FAF-T\">Fire &amp; Flower Holding<\/a> slid over 10%, <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> lost another 2.81% and <a href=\"https:\/\/stockchase.com\/CIGI-T\">Colliers<\/a> fell 2.52%.<\/p>\n<p>&#x1f969; <a href=\"https:\/\/stockchase.com\/BYND-Q\">Beyond Meat Inc. (BYND-Q)<\/a> +8%<br \/>\n&#x1f9f3; <a href=\"https:\/\/stockchase.com\/BKNG-Q\">Booking Holdings Inc. (BKNG-Q)<\/a> +4.4%<br \/>\n&#x24c2; <a href=\"https:\/\/stockchase.com\/MSFT-Q\">Microsoft (MSFT-Q)<\/a> +4.81%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/V-N\">Visa Inc. (V-N)<\/a> +6.47%<br \/>\n&#x1f9ee; <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet Inc. \/ Google (GOOG-Q)<\/a> -3.67%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing (BA-N)<\/a> -7.53%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/COF-N\">Capital One Financial Corp (COF-N)<\/a> -5.96%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +2.7%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/META-Q\">Meta Platforms Inc \/ Facebook (FB-Q)<\/a> +13%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus Energy (CVE-T)<\/a> +10.34%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> +5.72%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU-T)<\/a> +3.92%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/WCP-T\">Whitecap Resources (WCP-T)<\/a> +6.08%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/FAF-T\">Fire &amp; Flower Holdings (FAF-T)<\/a> -10%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -2.81%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/CIGI-T\">Colliers International Group (CIGI-T)<\/a> -2.52%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft, Cenovus and Visa&#8217;s reports helped lift markets in New York and Toronto on Wednesday, ending the recent sharp selling streak. The S&amp;P closed 0.21%, the Nasdaq was flat though gained earlier in the session, the Dow added 0.19% and [&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-275470","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\/275470","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=275470"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/275470\/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=275470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=275470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=275470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}