{"id":284999,"date":"2022-07-07T22:53:56","date_gmt":"2022-07-08T02:53:56","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=284999"},"modified":"2022-07-07T22:53:56","modified_gmt":"2022-07-08T02:53:56","slug":"stocks-and-oil-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-and-oil-rally\/","title":{"rendered":"Stocks and oil rally"},"content":{"rendered":"<p>Investors were feeling optimist Thursday of inflation easing, a day ahead of the U.S. releasing crucial unemployment numbers. On Wall Street, the S&amp;P climbed 1.49%, the Nasdaq 2.28% and the Dow 1.12% while WTI crude jumped 3.7% past $102.<\/p>\n<p>Energy and consumer discretionary led gains. Those gainers included <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> climbing 4.6%, <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel<\/a> 3.11%, <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike<\/a> 3.74%, <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> 5.24% and <a href=\"https:\/\/stockchase.com\/company\/view\/6060\/ABNB-Q\">Airbnb<\/a> 4.97%. Meanwhile, the U.S. 10-year yield returned above 3% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> jumped 6.5% to $21,600.<\/p>\n<p>Oil&#8217;s rally helped lift the TSX by 1.78%. WCS leapt 5% past $80. Energy, materials and financials led the charge. Soaring were <a href=\"https:\/\/stockchase.com\/company\/view\/3897\/AR-T\">Argonaut Gold<\/a> by 17.65%, <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy<\/a> by 13% after hiking its dividend, <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex<\/a> up 8.78% and <a href=\"https:\/\/stockchase.com\/company\/view\/4187\/WCP-T\">Whitecap Resources<\/a> at 6.21%. <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> rose 2%, even though a contractor died which drew attention to the company&#8217;s safety track record. <a href=\"https:\/\/stockchase.com\/company\/view\/1006\/QBRB-T\">Quebecor<\/a> was one of the few losers of the day, down 1.87%.<\/p>\n<p>&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar (CAT-N)<\/a> +4.6%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel (INTC-Q)<\/a> +3.11%<br \/>\n&#x1f45f; <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike Inc (NKE-N)<\/a> +3.74%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> +5.24%<br \/>\n&#x1f3e0; <a href=\"https:\/\/stockchase.com\/company\/view\/6060\/ABNB-Q\">Airbnb (ABNB-Q)<\/a> +4.97%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +6.5%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/3897\/AR-T\">Argonaut Gold (AR-T)<\/a> +17.65%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy Corp (CPG-T)<\/a> +13%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> +8.78%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4187\/WCP-T\">Whitecap Resources (WCP-T)<\/a> +6.21%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc (SU-T)<\/a> +2%<br \/>\n&#x1f5a8; <a href=\"https:\/\/stockchase.com\/company\/view\/1006\/QBRB-T\">Quebecor Inc (B) (QBR.B-T)<\/a> -1.87%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors were feeling optimist Thursday of inflation easing, a day ahead of the U.S. releasing crucial unemployment numbers. On Wall Street, the S&amp;P climbed 1.49%, the Nasdaq 2.28% and the Dow 1.12% while WTI crude jumped 3.7% past $102. Energy [&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-284999","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\/284999","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=284999"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/284999\/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=284999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=284999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=284999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}