Bank turmoil over Credit Suisse and First Republic dragged into Monday, but investors felt enough optimism to raise stocks overall and push gold to $2,000 an ounce for the first time in many months. Also, Bitcoin topped $28,000 over the weekend, though retraced slightly on Monday. The S&P closed 0.8% to approach 4,000, the Nasdaq 0.39%, and the Dow 1.2%.<\/p>\n
Industrials and energy caught a bid as Exxon<\/a> added 2.61% and Honeywell<\/a> rose 2.97%. Financials were a different story as First Republic<\/a> plunged 47.11%. In Europe UBS<\/a> bought Credit Suisse<\/a>. The former rallied 3.3% while the latter sank about 53%. The U.S. 10-year yield floated around 3.49%.<\/p>\n The TSX added 0.7% as most sectors were positive, included the beaten financials and especially energy. Most influential were Suncor<\/a> up 2.71%, CNQ<\/a> at 2.58% and Cenovus<\/a> 3.54%. However, management problems plagued Quarterhill<\/a> which sank 17.49% while cannabis stocks retreated, such as Aurora<\/a> at -9.01%. Oil reversed its recent slump as WTI rose 1.25% to $67.50 and WCS jumped 4% past $52.<\/p>\n 🛢 Exxon Mobil (XOM-N)<\/a> +2.61% Bank turmoil over Credit Suisse and First Republic dragged into Monday, but investors felt enough optimism to raise stocks overall and push gold to $2,000 an ounce for the first time in many months. Also, Bitcoin topped $28,000 over the […]<\/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-317534","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\/317534","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=317534"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/317534\/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=317534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=317534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=317534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🍯 Honeywell International (HON-N)<\/a> +2.97%
\n🏛 First Republic Bank (FRC-N)<\/a> -47.11%
\n🏛 UBS Group AG (UBS-N)<\/a> +3.3%
\n🏛 Credit Suisse Group (CS-N)<\/a> -53%
\n⚡ Suncor Energy Inc (SU-T)<\/a> +2.71%
\n🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> +2.58%
\n🛢 Cenovus Energy (CVE-T)<\/a> +3.54%
\n💾 Quarterhill Inc (QTRH-T)<\/a> -17.49%
\n🌿 Aurora Cannabis (ACB-T)<\/a> -9.01%<\/p>\n","protected":false},"excerpt":{"rendered":"