{"id":298792,"date":"2022-10-25T18:21:52","date_gmt":"2022-10-25T22:21:52","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=298792"},"modified":"2022-10-26T10:00:45","modified_gmt":"2022-10-26T14:00:45","slug":"rally-continues-amid-tech-earnings","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/rally-continues-amid-tech-earnings\/","title":{"rendered":"Rally continues amid tech earnings"},"content":{"rendered":"<p>Markets continued to rally on Tuesday as Wall Street waited for the big tech companies to report their earnings this week. The S&amp;P climbed 1.56%, the Nasdaq jumped 2.2% well past 11,0000 while the Dow rose 1.05%. There was green across the board, with tech leading the charge.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> leapt 5.2% in heavy trading as the chipmakers surged, with <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> up 4.55% and <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> at 5.05%. <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta<\/a> soared 6%, but lost half that in after-hours trading following the release of disappointing quarters by Alphabet and Microsoft. Meanwhile, the U.S. 10-year yield weakened to 4.075% though <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> gained 3.8% to surpass $20,000.<\/p>\n<p>There was green on screens on Bay Street too as the TSX advanced 0.92% to top 19,000. Real estate and utilities led the rally, though cannabis stocks surged too. <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy<\/a> soared 25.71% and <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray<\/a> popped 11.47%. <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei<\/a> advanced 6.25% as tech enjoyed gains. Meanwhile, <a href=\"https:\/\/stockchase.com\/company\/view\/1083\/RY-T\">Royal Bank<\/a> retreated 0.53% in heavy trading while NFI Group lost a further 3.28%.<\/p>\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> +5.2%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> +4.55%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia Corp (NVDA-Q)<\/a> +5.05%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta Platforms Inc \/ Facebook (META-Q)<\/a> +6%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +3.8%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy Growth Corp. (WEED-T)<\/a> +25.71%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> +11.47%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei Corp (NVEI-T)<\/a> +6.25%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1083\/RY-T\">Royal Bank (RY-T)<\/a> -0.53%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/7146\/NFYEF-OTC\">NFI Group Inc (NFYEF-OTC)<\/a> -3.28%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets continued to rally on Tuesday as Wall Street waited for the big tech companies to report their earnings this week. The S&amp;P climbed 1.56%, the Nasdaq jumped 2.2% well past 11,0000 while the Dow rose 1.05%. There was green [&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-298792","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\/298792","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=298792"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/298792\/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=298792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=298792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=298792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}