After initial weakness, Thursday’s markets in Toronto and New York climbed and stayed positive throughout the session to extend Wednesday’s gains. Dovish comments by the U.S. Fed’s Jay Powell triggered a surge in stocks late Wednesday. On Thursday, the New York benchmarks rose over 1% with the S&P reaching as far as 1.21%. The TSX added 1.05%.<\/p>\n
Tech saw notable gains: Adobe<\/a> up 2.73% and Microsoft<\/a> 2.85%. Ford<\/a> advanced 6.14% while Carnival<\/a> rose 2.82% on a positive quarter. On the flipside, Meta\/Facebook<\/a> got crushed by 5.22% after issuing a disappointing quarter late Wednesday. Earnings continued to dominate Wall Street. After the bell, Amazon reported a beat and shares popped, but Intel missed and shares sank. It was basically green across the board. The U.S. 10-year yield slipped to 2.678% though Bitcoin<\/a> surged 4.5% to $23,800.<\/p>\n Notable gainers in Toronto included Canadian Apartment REIT<\/a> up 3.57%, utilities Boralex<\/a> at 2.86% and Algonquin<\/a> up 2.24%, and cannabis names Fire & Flower Holdings<\/a> up 13.53% and Tilray<\/a> 11.72%. Heading south were Athabasca Oil<\/a> down 5.37%, Lundin Mining<\/a> losing 3.05% and Tidewater Midstream<\/a> sinking 6.87%. WTI crude was flat while WCS lost a dollar to $76.<\/p>\n 💾 Adobe Systems (ADBE-Q)<\/a> +2.73% After initial weakness, Thursday’s markets in Toronto and New York climbed and stayed positive throughout the session to extend Wednesday’s gains. Dovish comments by the U.S. Fed’s Jay Powell triggered a surge in stocks late Wednesday. On Thursday, the New […]<\/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-287676","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\/287676","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=287676"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/287676\/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=287676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=287676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=287676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nⓂ Microsoft (MSFT-Q)<\/a> +2.85%
\n🚘 Ford Motor (F-N)<\/a> +6.14%
\n🚢 Carnival Corp. (CCL-N)<\/a> +2.82%
\n🕵️♂️ Meta Platforms, Inc. (META-Q)<\/a> -5.22%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +4.5%
\n🏛 Canadian Apartment Properties (CAR.UN-T)<\/a> +3.57%
\n♻ Boralex Inc. (BLX-T)<\/a> +2.86%
\n♻ Algonquin Power & Utilities Corp (AQN-T)<\/a> +2.24%
\n🌿 Fire & Flower Holdings (FAF-T)<\/a> +13.53%
\n🌿 Tilray Inc. (TLRY-Q)<\/a> +11.72%
\n🛢 Athabasca Oil Sands Corp (ATH-T)<\/a> -5.37%
\n⛏ Lundin Mining Corp. (LUN-T)<\/a> -3.05%
\n🛢 Tidewater Midstream and Infrastructure Ltd (TWM-T)<\/a> -6.87%<\/p>\n","protected":false},"excerpt":{"rendered":"