{"id":340154,"date":"2023-11-02T18:35:03","date_gmt":"2023-11-02T22:35:03","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=340154"},"modified":"2023-11-02T18:35:12","modified_gmt":"2023-11-02T22:35:12","slug":"stocks-rally-as-yields-fall","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-rally-as-yields-fall\/","title":{"rendered":"Stocks rally as yields fall"},"content":{"rendered":"\n<p>A day after the U.S. Fed held interest rates, markets on Wall and Bay streets rallied across the board as yield sank. The U.S. 10-year fell to 4.659% as the three major indices in New York surged by 1.7-1.8%. The S&amp;P surpassed 4,3000 and the Nasdaq nearly break above 13,300. All S&amp;P sectors gained. Throw positive earnings into the mix and some names jumped by double digits. <\/p>\n\n\n\n<p>Major movers included <a href=\"https:\/\/stockchase.com\/VFC-N\">VF Corp<\/a>. by 13.05%, <a href=\"https:\/\/stockchase.com\/PARA-Q\">Paramount Global<\/a> up 10.37%, <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery<\/a> at 9.92%, <a href=\"https:\/\/stockchase.com\/SBUX-Q\">Starbucks<\/a> up 9.48% and <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> at 6.25%. Investors awaited Apple&#8217;s earnings after the bell with as much as excitement as the new Beatles single this morning. Apple beat estimates, but sales continued to decline. <\/p>\n\n\n\n<p>The picture was even brighter in Toronto as the TSX jumped 2.87%. Every sector rose, with staples, utilities and tech enjoying double-digit gains. Here too earnings fueled the rally. <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> reported a solid beat and soared 21.31%. <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed<\/a> jumped 14.74%, <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham<\/a> 11.6%, <a href=\"https:\/\/stockchase.com\/GIL-T\">Gildan<\/a> 14.78% and <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> rebounded 6.36% after days of heavy selling. WTI popped 2.5% to $82.50 while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> added nearly 1% to flirt with $35,000.<\/p>\n\n\n\n<p>&#x1f457; <a href=\"https:\/\/stockchase.com\/VFC-N\">VF Corporation\u00a0(VFC-N)<\/a> +13.05%<\/p>\n\n\n\n<p>&#x1f39e; <a href=\"https:\/\/stockchase.com\/PARA-Q\">Paramount Global\u00a0(PARA-Q)<\/a> +10.37%<\/p>\n\n\n\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery\u00a0(WBD-Q)<\/a> +9.92%<\/p>\n\n\n\n<p>&#x2615; <a href=\"https:\/\/stockchase.com\/SBUX-Q\">Starbucks\u00a0(SBUX-Q)<\/a> +9.48%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> +6.25%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc.\u00a0(SHOP-T)<\/a> +21.31%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed Commerce Inc\u00a0(LSPD-T)<\/a> +14.74%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham\u00a0(DND-T)<\/a> +11.6%<\/p>\n\n\n\n<p>&#x1f455; <a href=\"https:\/\/stockchase.com\/GIL-T\">Gildan Activewear Inc.\u00a0(GIL-T)<\/a> +14.78%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals\u00a0(FM-T)<\/a> +6.36%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A day after the U.S. Fed held interest rates, markets on Wall and Bay streets rallied across the board as yield sank. The U.S. 10-year fell to 4.659% as the three major indices in New York surged by 1.7-1.8%. The [&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-340154","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\/340154","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=340154"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340154\/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=340154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=340154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=340154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}