{"id":343342,"date":"2025-05-08T17:10:59","date_gmt":"2025-05-08T21:10:59","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343342"},"modified":"2025-05-08T17:11:01","modified_gmt":"2025-05-08T21:11:01","slug":"us-uk-trade-deal-lifts-markets","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/us-uk-trade-deal-lifts-markets\/","title":{"rendered":"US-UK trade deal lifts markets"},"content":{"rendered":"\n<p>Markets in New York and Toronto rallied Thursday on word from Washington that a trade deal between the U.S. and U.K. was in the works. Investors hoped that this marked a turning point in the global trade war that Trump unleashed. The S&amp;P gained 0.58%, the Nasdaq 1.05% and the Dow 0.62%. <\/p>\n\n\n\n<p>Major names included <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir<\/a> jumping 7.86%, <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery<\/a> 5.08%, <a href=\"https:\/\/stockchase.com\/MTCH-Q\">Match Group<\/a> -9.71%, <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet<\/a> -8.44% and <a href=\"https:\/\/stockchase.com\/ENPH-Q\">Enphase Energy<\/a> 12.17%.  The U.S. 10-year yield edged up to 4.386% while Bitcoin jumped US$4,500 to US$101,320.<\/p>\n\n\n\n<p>In Toronto, the TSX rose 0.54% as eight sectors rallied, led by health care, tech and telcos. Staples lagged the most. Key gainers included <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> up 5.02%, <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus<\/a> 9.15%, <a href=\"https:\/\/stockchase.com\/ASTL-T\">Algoma Steel<\/a> 10.52%, and <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE<\/a> which rallied 5.38% after announcing a long-awaited dividend cut. On the losing end was <a href=\"https:\/\/stockchase.com\/FVI-T\">Fortuna Mining<\/a> at -12.53%. Gold declined US$56 to US$3,308 while WTI leapt 3.3% to US$60.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir Technologies\u00a0(PLTR-Q)<\/a> +7.86%<\/p>\n\n\n\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery\u00a0(WBD-Q)<\/a> +5.08%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/MTCH-Q\">Match Group\u00a0(MTCH-Q)<\/a> -9.71%<\/p>\n\n\n\n<p>&#x1f4bb; <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet Inc\u00a0(FTNT-Q)<\/a> -8.44%<\/p>\n\n\n\n<p>&#x26a1; <a href=\"https:\/\/stockchase.com\/ENPH-Q\">Enphase Energy\u00a0(ENPH-Q)<\/a> +12.17%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> +5.02%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus Energy\u00a0(CVE-T)<\/a> +9.15%<\/p>\n\n\n\n<p>&#x26d3; <a href=\"https:\/\/stockchase.com\/ASTL-T\">Algoma Steel Group Inc\u00a0(ASTL-T)<\/a> +10.52%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE Inc.\u00a0(BCE-T)<\/a> +5.38%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FVI-T\">Fortuna Silver Mines\u00a0(FVI-T)<\/a> -12.53%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets in New York and Toronto rallied Thursday on word from Washington that a trade deal between the U.S. and U.K. was in the works. Investors hoped that this marked a turning point in the global trade war that Trump [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"closed","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-343342","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\/343342","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=343342"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343342\/revisions"}],"predecessor-version":[{"id":343345,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343342\/revisions\/343345"}],"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=343342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}