{"id":341338,"date":"2024-04-22T18:40:48","date_gmt":"2024-04-22T22:40:48","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341338"},"modified":"2024-04-22T18:40:53","modified_gmt":"2024-04-22T22:40:53","slug":"markets-rebound-ahead-of-tech-earnings","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-rebound-ahead-of-tech-earnings\/","title":{"rendered":"Markets rebound ahead of tech earnings"},"content":{"rendered":"\n<p>It&#8217;s a major week for markets with many of the Magnificent 7 megatech stocks reporting. Wall Street was in an optimistic mood , lifting the S&amp;P past 5,000 after climbing 0.87%, the Nasdaq by 1.1% and the Dow by 0.67%. <\/p>\n\n\n\n<p>Notable names included <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> which soared 6.1%, <a href=\"https:\/\/stockchase.com\/UAL-Q\">United Airlines<\/a> 4.98%, and <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> 4.35%. However, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> closed -3.4% after announcing price cuts to its EVs, and <a href=\"https:\/\/stockchase.com\/VZ-N\">Verizon<\/a> finished -4.67% after it reported. The U.S. 10-year yield held at 4.61%, though <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> regained 2.6% to US$66,600.<\/p>\n\n\n\n<p>Nearly all sectors rose on Bay Street. Materials was the biggest laggard while staples, real estate and discretionary ran the furthest. <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica<\/a> jumped 5.18%, <a href=\"https:\/\/stockchase.com\/RY-T\">Royal Bank<\/a> 1.01%, <a href=\"https:\/\/stockchase.com\/KEL-T\">Kelt Exploration<\/a> 4.94% and <a href=\"https:\/\/stockchase.com\/QSR-T\">Restaurant Brands International<\/a> 2.99%. In contrast <a href=\"https:\/\/stockchase.com\/K-T\">Kinross Gold<\/a> ended at -4.83%. WTI dipped slightly to close below US$83 a barrel as did gold which hovered around US$2,330 an ounce.<\/p>\n\n\n\n<p>&#x1f698; <a href=\"https:\/\/stockchase.com\/F-N\">Ford Motor\u00a0(F-N)<\/a> +6.1%<\/p>\n\n\n\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/UAL-Q\">United Airlines Holdings\u00a0(UAL-Q)<\/a> +4.98%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +4.35%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> -3.4%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/VZ-N\">Verizon Communications\u00a0(VZ-N)<\/a> -4.67%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +2.6%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica Inc\u00a0(CLS-T)<\/a> +5.18%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/RY-T\">Royal Bank\u00a0(RY-T)<\/a> +1.01%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/KEL-T\">Kelt Exploration\u00a0(KEL-T)<\/a> +4.94%<\/p>\n\n\n\n<p>&#x1f371; <a href=\"https:\/\/stockchase.com\/QSR-T\">Restaurant Brands International\u00a0(QSR-T)<\/a> +2.99%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/K-T\">Kinross Gold\u00a0(K-T)<\/a> -4.83%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s a major week for markets with many of the Magnificent 7 megatech stocks reporting. Wall Street was in an optimistic mood , lifting the S&amp;P past 5,000 after climbing 0.87%, the Nasdaq by 1.1% and the Dow by 0.67%. [&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-341338","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\/341338","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=341338"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341338\/revisions"}],"predecessor-version":[{"id":341342,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341338\/revisions\/341342"}],"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=341338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}