Q2 and the trading week began with a surprise announcement from OPEC that it will cut crude oil production, sending WTI gushing over 6% to $80.50 and leading the TSX 0.84% higher. On Bay Street, materials and banks also rallied while real estate showed some weakness.<\/p>\n
Big movers in Toronto included Teck Resources<\/a> soaring 18.72%, Meg Energy<\/a> up 8.84%, Crescent Point Energy<\/a> 6.6% and TD<\/a> 2.14%. In contrast, Canfor<\/a> sank 5.72%.<\/p>\n Oil also rallied on Wall Street, pushing the S&P up 0.37% and the Dow 0.98%, though the Nasdaq declined modestly by 0.27%. Major movers included Exxon<\/a> up 5.9% and Diamondback Energy<\/a> at 6.85%. Meanwhile, Humana<\/a> rallied 5.11%, Hess<\/a> 8.44%, but Tesla<\/a> sank 6.12% after missing expectations for its EV deliveries. The U.S. 10-year yield slipped to 3.419% while Bitcoin<\/a> declined 1% to $27,800.<\/p>\n 🛢 Teck Resources Ltd. (B) (TECK.B-T)<\/a> +18.72% Q2 and the trading week began with a surprise announcement from OPEC that it will cut crude oil production, sending WTI gushing over 6% to $80.50 and leading the TSX 0.84% higher. On Bay Street, materials and banks also rallied […]<\/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-319422","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\/319422","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=319422"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/319422\/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=319422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=319422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=319422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 MEG Energy Corp (MEG-T)<\/a> +8.84%
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> +6.6%
\n🏛 Toronto Dominion (TD) (TD-T)<\/a> +2.14%
\n🌲 Canfor Pulp Products (CFX-T)<\/a> -5.72%
\n🛢 Exxon Mobil (XOM-N)<\/a> +5.9%
\n💎 Diamondback Energy (FANG-Q)<\/a> +6.85%
\n👨⚕️ Humana Inc (HUM-N)<\/a> +5.11%
\n🛢 Hess Corp. (HES-N)<\/a> +8.44%
\n🚗 Tesla Inc (TSLA-Q)<\/a> -6.12%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -1%<\/p>\n","protected":false},"excerpt":{"rendered":"