{"id":333760,"date":"2023-07-28T18:03:28","date_gmt":"2023-07-28T22:03:28","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=333760"},"modified":"2023-07-29T08:15:45","modified_gmt":"2023-07-29T12:15:45","slug":"oil-and-tech-leads-markets-higher","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-and-tech-leads-markets-higher\/","title":{"rendered":"Oil and tech leads markets higher"},"content":{"rendered":"<p>The trading week ended on a positive note as rallies in energy and tech lifted markets in Toronto and New York. Crude oil continued its streak as WTI rose another 0.55% to touch $80 a barrel. Energy, materials and industrials were the strongest sectors on the TSX while real estate was among the three that lagged.<\/p>\n<p>Key movers were <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex<\/a> spiking 9.24%, <a href=\"https:\/\/stockchase.com\/OSK-T\">Osisko Mining<\/a> 7.42%, <a href=\"https:\/\/stockchase.com\/ALA-T\">AltaGas<\/a> 4.22% after a beat, though <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy<\/a> sank 4.33% and <a href=\"https:\/\/stockchase.com\/LB-T\">Laurentian Bank<\/a> slid 6%. The TSX finished the week -0.26%.<\/p>\n<p>Wall Street rebounded from Thursday&#8217;s weakness. The S&amp;P closed nearly 1% higher on Friday and 0.85% for the week, the Nasdaq jumped 1.9% and gained 1.67% over the week, and the Dow finished 0.5% on Friday and 0.65% for the week. Earnings continued to drive the market, particularly tech stocks such as <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> which spiked 6.41%. Also, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> rallied nearly 4%, <a href=\"https:\/\/stockchase.com\/META-Q\">Meta<\/a> 4.17%, <a href=\"https:\/\/stockchase.com\/NWL-N\">Newell Brands<\/a> 7.56% and <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> -3.53%. The U.S. 10-year yield ticked below 4% while Bitcoin climbed 0.3% to $29,300.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> +9-24%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/OSK-T\">Osisko Mining (OSK-T)<\/a> +7.42%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ALA-T\">Altagas Ltd (ALA-T)<\/a> +4.22%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy (TRP-T)<\/a> -4.33%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/LB-T\">Laurentian Bank (LB-T)<\/a> -6%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel (INTC-Q)<\/a> +6.41%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> +4%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/META-Q\">Meta Platforms Inc \/ Facebook (META-Q)<\/a> +4.17%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/NWL-N\">Newell Brands Inc (NWL-N)<\/a> +7.56%<br \/>\n&#x1f698; <a href=\"https:\/\/stockchase.com\/F-N\">Ford Motor (F-N)<\/a> -3.53%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +0.3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The trading week ended on a positive note as rallies in energy and tech lifted markets in Toronto and New York. Crude oil continued its streak as WTI rose another 0.55% to touch $80 a barrel. Energy, materials and industrials [&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-333760","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\/333760","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=333760"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/333760\/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=333760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=333760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=333760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}