Deja Vu Fears of a second-straight day of losses faded during the Thursday session which saw a consistent rebound to recover most of the losses of the previous day. The TSX regained 0.79% as all sectors rallied, led by consumer staples, industrials and materials.
Major movers included Energy Fuels soaring 8.17%, Cargojet rising 5.71%, Aritzia 4.41%, Capstone Copper 4.2% though BlackBerry slid 13.5% after missing revenues. WTI slipped 0.3% to $74 a barrel.
On Wall Street, the S&P rose 1.03%, the Nasdaq 1.26% to nearly 15,000, and the Dow 0.87%. Fueling the rally was the core PCE price index which slid to a tame 2% in Q3. Chip names like Micron helped revive markets as the company jumped 8.63% after reporting, Western Digital up 6.01%, VF Corp. rallied 7.08%, Tesla up 2.98%, and Carnival popping 6.2% after beating. The U.S. 10-year yield held around 3.89 while Bitcoin edged up 0.3% to $43,800.