The week began with First Citizens Bank announcing it was buying its failed competitor, Silicon Valley, which cooled recent fears and lifted stocks Monday. The TSX finished 0.56%, the S&P 0.26%, just shy of 4,000, the Nasdaq -0.37% though off the day’s lows, and the Dow 0.66%.<\/p>\n
The U.S. 10-year yield inched up to 3.539% but Bitcoin<\/a> sank 3.5% below $27,000 after a regulator sued Binance for breaking trading rules. In contrast, WTI crude rallied 5.35% to $73.<\/p>\n Financials led the Wall Street rally with Bank of America<\/a> popping 5%, KeyCorp<\/a> 5.61% and First Republic Bank<\/a> leaping 13.43%. Elsewhere Carnival<\/a> lowered its guidance and shares slid 5% while American Tower<\/a> sank 3.2%. In Toronto, only three sectors were down, led by telcos, while staples and energy joined financials in leading the rally. Notable movers: Athabasca Oil<\/a> 7.17%, Baytex Energy<\/a> 6.26% and Suncor<\/a> up 2.09% headline the energy gains. TD<\/a> rose nearly 2%, but Lumine Group slid 6.87%.<\/p>\n 🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -3.5% The week began with First Citizens Bank announcing it was buying its failed competitor, Silicon Valley, which cooled recent fears and lifted stocks Monday. The TSX finished 0.56%, the S&P 0.26%, just shy of 4,000, the Nasdaq -0.37% though off […]<\/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-318489","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\/318489","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=318489"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/318489\/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=318489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=318489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=318489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🏛 Bank of America (BAC-N)<\/a> +5%
\n🏛 Keycorp (KEY-N)<\/a> +5.61%
\n🏛 First Republic Bank (FRC-N)<\/a> +13.43%
\n🚢 Carnival Corp. (CCL-N)<\/a> -5%
\n🏛 American Tower (AMT-N)<\/a> -3.2%
\n🛢 Athabasca Oil Sands Corp (ATH-T)<\/a> +7.17%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> +6.26%
\n🛢 Suncor Energy Inc (SU-T)<\/a> +2.09%
\n🏛 Toronto Dominion (TD) (TD-T)<\/a> +2%<\/p>\n","protected":false},"excerpt":{"rendered":"