{"id":278500,"date":"2022-05-17T17:45:51","date_gmt":"2022-05-17T21:45:51","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=278500"},"modified":"2022-05-17T17:45:51","modified_gmt":"2022-05-17T21:45:51","slug":"tuesday-rally-oil-weakness","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tuesday-rally-oil-weakness\/","title":{"rendered":"Tuesday rally, oil weakness"},"content":{"rendered":"<p>Tuesday saw a convincing rally that ended on session highs. The S&amp;P ended up 2.02%, the Nasdaq 2.76% and the Dow 1.34%. Nearly all of the sectors rallied.<\/p>\n<p>Major gainers included <a href=\"https:\/\/stockchase.com\/company\/view\/126\/BA-N\">Boeing<\/a> up 6.45%, <a href=\"https:\/\/stockchase.com\/company\/view\/369\/DIS-N\">Disney<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/680\/JPM-N\">JPMorgan<\/a> both adding 3.31%, tech stocks like <a href=\"https:\/\/stockchase.com\/company\/view\/940\/BKNG-Q\">Booking Holdings<\/a> up 4.92%, <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> popping 8.73% after an upgrade and <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> adding 2.54%. <a href=\"https:\/\/stockchase.com\/company\/view\/1355\/WMT-N\">Walmart<\/a> issued a negative report and shares were slammed 11.38%. In contrast, <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot<\/a> offered a positive quarter and rose 1.68%. As tech rallied, the U.S. 10-year yield also climbed, nearly returning to 3%. Meanwhile, Bitcoin inched above $30,000.<\/p>\n<p>The TSX rose 1.35% as materials, energy and financials led the charge. WTI jumped as high at $115, but fell back to $112 to shed 1.8%. Meanwhile, WCS fell nearly 5% to $95. Big movers on Bay Street: <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife<\/a> up 2.4%, <a href=\"https:\/\/stockchase.com\/company\/view\/130\/BBDB-T\">Bombardier<\/a> 7.76%, <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources<\/a> 4.37%, <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada<\/a> 4.84% and <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed<\/a> regained 5.89% after being hammered in recent sessions. Similarly, <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> climbed 3.19%. The Canadian dollar traded at 78 cents against the USD.<\/p>\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/126\/BA-N\">Boeing (BA-N)<\/a> +6.45%<br \/>\n&#x1f478; <a href=\"https:\/\/stockchase.com\/company\/view\/369\/DIS-N\">Walt Disney Co. (DIS-N)<\/a> +3.31%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/680\/JPM-N\">JP Morgan Chase &amp; Co (JPM-N)<\/a> +3.31%<br \/>\n&#x1f9f3; <a href=\"https:\/\/stockchase.com\/company\/view\/940\/BKNG-Q\">Booking Holdings Inc. (BKNG-Q)<\/a> +4.92%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> +8.73%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple (AAPL-Q)<\/a> +2.54%<br \/>\n&#x1f6d2; <a href=\"https:\/\/stockchase.com\/company\/view\/1355\/WMT-N\">Walmart Inc (WMT-N)<\/a> -11.38%<br \/>\n&#x1f6e0; <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot (HD-N)<\/a> +1.68%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife Financial (MFC-T)<\/a> +2.4%<br \/>\n&#x1f682; <a href=\"https:\/\/stockchase.com\/company\/view\/130\/BBDB-T\">Bombardier Inc (B) (BBD.B-T)<\/a> +7.76%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources Ltd (ARX-T)<\/a> +4.37%<br \/>\n&#x2708; <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada (AC-T)<\/a> +4.84%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> +5.89%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +3.19%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday saw a convincing rally that ended on session highs. The S&amp;P ended up 2.02%, the Nasdaq 2.76% and the Dow 1.34%. Nearly all of the sectors rallied. Major gainers included Boeing up 6.45%, Disney and JPMorgan both adding 3.31%, [&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-278500","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\/278500","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=278500"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/278500\/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=278500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=278500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=278500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}