{"id":328004,"date":"2023-06-12T19:09:48","date_gmt":"2023-06-12T23:09:48","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=328004"},"modified":"2023-06-12T19:09:48","modified_gmt":"2023-06-12T23:09:48","slug":"sp-hits-new-highs-oil-lags","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/sp-hits-new-highs-oil-lags\/","title":{"rendered":"S&#038;P hits new highs, oil lags"},"content":{"rendered":"<p>Wall Street continued to feel optimistic that the U.S. Fed will halt rate hikes this week and pushed stocks higher. The S&amp;P climbed 0.93% to 4,338, its highest level since April 2022, as tech pushed the Nasdaq 1.53% higher, and the Dow 0.56% above 34,000.<\/p>\n<p>Major movers were <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival<\/a> and <a href=\"https:\/\/stockchase.com\/NCLH-N\">Norwegian<\/a> which cruised 12.45% and 7.22% higher respectively, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> up another 5.52%, <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom<\/a> 6.31% and <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> adding 5.22%. The U.S. 10-year yield held at 3.739% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> declined 0.4% to trade around $25,800.<\/p>\n<p>Crude oil continued to slump, sinking 4.5% to $67 for a barrel of WTI. The TSX rose only 0.15% to remain below 20,000. In fact, most sectors were up, led by tech and discretionary. Key movers in Toronto were <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> at -2.39%, <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point Energy<\/a> -3.34%, <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard Power<\/a> soaring 14.78%, <a href=\"https:\/\/stockchase.com\/WEED-T\">Canopy<\/a> jumping 6.58% and <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed<\/a> leaping 7.47%.<\/p>\n<p>&#x1f6a2; <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival Corp. (CCL-N)<\/a> +12.45%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/NCLH-N\">Norwegian Cruise Line Holdings (NCLH-N)<\/a> +7.22%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> +5.52%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom (AVGO-Q)<\/a> +6.31%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel (INTC-Q)<\/a> +5.22%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.4%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs (CNQ-T)<\/a> -2.39%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point Energy Corp (CPG-T)<\/a> -3.34%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard Power Systems (BLDP-T)<\/a> +14.78%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/WEED-T\">Canopy Growth Corp. (WEED-T)<\/a> +6.58%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> +7.47%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street continued to feel optimistic that the U.S. Fed will halt rate hikes this week and pushed stocks higher. The S&amp;P climbed 0.93% to 4,338, its highest level since April 2022, as tech pushed the Nasdaq 1.53% higher, and [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","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-328004","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\/328004","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=328004"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/328004\/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=328004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=328004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=328004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}