Following tradition, the U.S. stock market rallied after the Presidential election. The S&P jumped 2.53%, the Nasdaq 2.95% and the Dow 3.57% with many stocks enjoying pronounced gains, particularly in tech and financials. Major movers were Nvidia which popped 4.07% to new highs, Tesla 14.75%, Bank of America 8.43%, CVS 12.74% and Nucor 15.99% in anticipation of Trump tariffs that will likely benefit the steel company. However, Super Micro Computer continued to slide, sinking another 18.05%. Meanwhile, Bitcoin vaulted 10% to US$76,000. However, the U.S. 10-year yield also leapt, rising to 4.435%.<\/p>\n\n\n\n
Gains were lower across the border as the TSX advanced 1% or 250 points. Sectors were mixed. Energy and tech rallied the most with names like Celestica rallying 7.87%. Also rising were TFI International at 11.2% and Algoma Steel by 7.6%. Lagging the most were healthcare stocks such as Tilray, which fell 12.24%, and materials. Elsewhere, Stella-Jones tumbled 14.08%. Gold sank US$83 to US$2,660 while WTI edged down 0.2% to US$71.85.<\/p>\n","protected":false},"excerpt":{"rendered":"
Following tradition, the U.S. stock market rallied after the Presidential election. The S&P jumped 2.53%, the Nasdaq 2.95% and the Dow 3.57% with many stocks enjoying pronounced gains, particularly in tech and financials. Major movers were Nvidia which popped 4.07% […]<\/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-342441","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\/342441","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=342441"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342441\/revisions"}],"predecessor-version":[{"id":342445,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342441\/revisions\/342445"}],"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=342441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}