{"id":343601,"date":"2025-06-26T17:06:36","date_gmt":"2025-06-26T21:06:36","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343601"},"modified":"2025-06-26T17:07:22","modified_gmt":"2025-06-26T21:07:22","slug":"markets-rally-towards-highs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-rally-towards-highs\/","title":{"rendered":"Markets rally towards highs"},"content":{"rendered":"\n<p>Reports of Trump openly considering successors to U.S. Fed Chair Jerome Powell helped lift markets in both New York and Toronto on Thursday. The S&amp;P rose 0.8% while the Nasdaq and Dow nearly gained 1%. The S&amp;P and Nasdaq are close to breaking previous highs. Meanwhile, the TSX continued to make new records, adding 185 points to close at 26,751.<\/p>\n\n\n\n<p>Major movers on Wall Street were <a href=\"https:\/\/stockchase.com\/ENPH-Q\">Enphase Energy<\/a> up 12.83%, <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport-McMoRan<\/a> 6.88%, <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> 5.71%, <a href=\"https:\/\/stockchase.com\/EQIX-Q\">Equinix<\/a> -9.56% and <a href=\"https:\/\/stockchase.com\/ALB-N\">Albemarle<\/a> 5.58%. In Toronto, <a href=\"https:\/\/stockchase.com\/HBM-T\">Hudbay Minerals<\/a> rallied 8.3%, <a href=\"https:\/\/stockchase.com\/ERO-N\">ERO Copper<\/a> 8.1%, <a href=\"https:\/\/stockchase.com\/NG-T\">Novagold Resources<\/a> 10.78%, <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> -3.73% and <a href=\"https:\/\/stockchase.com\/ARX-T\">ARC Resources<\/a> -3.32%. Eight Canadian sectors advanced, led by materials and industrials, while telcos lagged the most. <\/p>\n\n\n\n<p>In commodities, gold held around US$3,331, WTI added 60 cents to US$65.50 while Bitcoin gave back 0.17% to US$107,660. The U.S. 10-year yield hovered around 4.246%.<\/p>\n\n\n\n<p>&#x26a1; <a href=\"https:\/\/stockchase.com\/ENPH-Q\">Enphase Energy (ENPH-Q)<\/a> +12.83%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport McMoran Copper &amp; Gold (FCX-N)<\/a> +6.88%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer (SMCI-Q)<\/a> +5.71%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/EQIX-Q\">Equinix, Inc. (EQIX-Q)<\/a> -9.56%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/ALB-N\">Albemarle Corp (ALB-N)<\/a> +5.58%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/HBM-T\">Hudbay Minerals (HBM-T)<\/a> +8.3%<\/p>\n\n\n\n<p>&#x1f949; <a href=\"https:\/\/stockchase.com\/ERO-N\">Ero Copper Corp (ERO-N)<\/a> +8.1%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/NG-T\">NovaGold Resources Inc (NG-T)<\/a> +10.78%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry (BB-T)<\/a> -3.73%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ARX-T\">Arc Resources Ltd (ARX-T)<\/a> -3.32%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reports of Trump openly considering successors to U.S. Fed Chair Jerome Powell helped lift markets in both New York and Toronto on Thursday. The S&amp;P rose 0.8% while the Nasdaq and Dow nearly gained 1%. The S&amp;P and Nasdaq are [&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-343601","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\/343601","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=343601"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343601\/revisions"}],"predecessor-version":[{"id":343605,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343601\/revisions\/343605"}],"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=343601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}