Oil rose Thursday after the IEA hiked its demand growth forecast for 2022. WTI added 2.4% to $94 while WCS jumped 3.5% to $74. Oil as well as consumer staples helped lift the TSX by 0.53% to close just shy of 20,000, though it broke that level during the session. Industrials lagged.<\/p>\n
Big gainers on the TSX were Linamar<\/a> by 10.62%, Bausch Health<\/a> by 9.7%, Cenovus<\/a> at 7.19%, Baytex<\/a> 6.82% and Suncor<\/a> up 3.25% in heavy trading. Losing ground were cannabis names including Tilray<\/a>, down 5%, and Canadian Tire<\/a> which slipped 4.6% after a disappointing quarter.<\/p>\n The picture was more mixed on Wall Street, after days of strong gains. The S&P was slightly down while the Dow was slightly up, though it’s fair to say these indices closed flat. In contrast, the Nasdaq finished -0.58%. Disney<\/a> grabbed headlines for its beat in both streaming and theme parks. The House of the Mouse rallied 4.66%. Otherwise, oil dominated as Devon<\/a> popped 7.24% and Marathon<\/a> jumped 7.3%. Also rallying were Bath & Body Works<\/a> by 5% and Bank of America<\/a> up 2.3%. In contrast, big pharma hiccuped as Pfizer<\/a> closed -3.38% and Regeneron<\/a> -2.67%. Finally, the U.S. 10-year yield rose to 2.89% as Bitcoin<\/a> added 1% to $24,000.<\/p>\n 🚗 Linamar Corp (LNR-T)<\/a> +10.62% Oil rose Thursday after the IEA hiked its demand growth forecast for 2022. WTI added 2.4% to $94 while WCS jumped 3.5% to $74. Oil as well as consumer staples helped lift the TSX by 0.53% to close just shy […]<\/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-289544","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\/289544","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=289544"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/289544\/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=289544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=289544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=289544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n👨⚕️ Bausch Health Companies Inc. (BHC-T)<\/a> +9.7%
\n🛢 Cenovus Energy (CVE-T)<\/a> +7.19%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> +6.82%
\n🛢 Suncor Energy Inc (SU-T)<\/a> +3.25%
\n🌿 Tilray Inc. (TLRY-Q)<\/a> -5%
\n🛒 Canadian Tire Corporation Ltd (CTC-T)<\/a> -4.6%
\n👸 Walt Disney Co. (DIS-N)<\/a> +4.66%
\n🛢 Devon Energy Corp (DVN-N)<\/a> +7.24%
\n🛢 Marathon Oil (MRO-N)<\/a> +7.3%
\n👞 Bath & Body Works (BBWI-N)<\/a> +5%
\n🏛 Bank of America (BAC-N)<\/a> +2.3%
\n💉 Pfizer Inc (PFE-N)<\/a> -3.38%
\n💊 Regeneron Pharmaceuticals Inc (REGN-Q)<\/a> -2.67%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +1%<\/p>\n","protected":false},"excerpt":{"rendered":"