{"id":320933,"date":"2023-04-17T22:01:54","date_gmt":"2023-04-18T02:01:54","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=320933"},"modified":"2023-04-17T22:01:54","modified_gmt":"2023-04-18T02:01:54","slug":"stocks-edge-up","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-edge-up\/","title":{"rendered":"Stocks edge up"},"content":{"rendered":"

Markets in Toronto and New York were flat Monday, but edged up towards the close to finish a third-of-a-percentage point across all major indices. On the TSX, tech, financials and industrials led gains with Shopify<\/a> rallying 4.82% and Lion Electric<\/a> surging 11.91%. Algonquin Power<\/a> made headlines by backing out of an American acquisition, but shares then sank 1.47%. Meanwhile, Teck Resources<\/a> was considering suitors for its metals business; shares rose 7.81%. It was revealed that actor Ryan Reynolds bought a stake in Montreal’s Nuvei<\/a>, though shares rose only 0.67%.<\/p>\n

A stronger U.S. dollar pushed WTI crude down by 2.1% to dip below $81 a barrel. U.S. banks continued to release earnings. Bank of America<\/a> rose 2.88% and Wells Fargo<\/a> jumped 4.19%. Charles Schwab<\/a>, punished by the recent meltdown in U.S. regionals, released a surprisingly positive quarter and its shares leapt 3.94%. However, Alphabet<\/a> shares sank 2.66% (A class) after reports that Samsung may dump the Google browser in favour of Microsoft’s Bing. Elsewhere, healthcare stocks lagged, such as Moderna<\/a> which slid 8.36%. The U.S. 10-year yield climbed to 3.604% as Bitcoin<\/a> sank 3% to settle below $29,500.<\/p>\n

🛍 Shopify Inc. (SHOP-T)<\/a> +4.82%
\n🚗 The Lion Electric Co (LEV-N)<\/a> +11.91%
\n💡 Algonquin Power & Utilities Corp (AQN-T)<\/a> -1.47%
\n⛏ Teck Resources Ltd. (B) (TECK.B-T)<\/a> +7.81%
\n💾 Nuvei Corp (NVEI-T)<\/a> +0.67%
\n🏛 Bank of America (BAC-N)<\/a> +2.88%
\n🏛 Wells Fargo (WFC-N)<\/a> +4.19%
\n🏛 Charles Schwab Corp (SCHW-N)<\/a> +3.94%
\n🧮 Alphabet Inc (GOOG-Q)<\/a> -2.66%
\n💉 Moderna (MRNA-Q)<\/a> -8.36%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -3%<\/p>\n","protected":false},"excerpt":{"rendered":"

Markets in Toronto and New York were flat Monday, but edged up towards the close to finish a third-of-a-percentage point across all major indices. On the TSX, tech, financials and industrials led gains with Shopify rallying 4.82% and Lion Electric […]<\/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-320933","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\/320933","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=320933"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/320933\/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=320933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=320933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=320933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}