Stockchase-logo
Loading...
    Track Stocks Watchlist
    Top Picks Today
    =iconClose Home All Opinions Top Picks Stocks Experts Top Experts Panic-proof Top 100 Stocks Monthly gems News
    Watchlist Track Stocks
    Top Picks Today
    Home » Daily

    Markets rally to strongest week this year

    Melisa R. H. Posted On November 3, 2023
    0
    0
    Shares
    • Share On Facebook
    • Tweet It

    Soft jobs numbers in both Canada and the U.S. fueled Friday’s rally which lifted markets to its strongest week so far in 2023. The TSX rose 5.5% for the week and 1.11% for the session, though remained below 20,000. Nearly every sector gained, led by real estate and materials, while energy lagged.

    Earnings continued to shape some names, such as Jamieson Wellness which soared 13.26% on a strong beat. Brookfield Business Partners jumped 11.19%, First Quantum Minerals regained 11.07% after its recent plunge, and Savaria popped 8.45% also after reporting. However, Baytex sank 2.73% as WTI slipped 1% to $34,500.

    Wall Street saw green as the S&P rallied 1%, the Nasdaq 1.41%, and the Dow 0.72% to return to 34,000. The main indeces gained 5-6% for the week, particularly the Nasdaq. Earnings were also crucial here. Apple beat most of its numbers, but issued weaker guidance. Yet, in today’s rally it declined only 0.63%. Meanwhile, Expedia soared 18.91% on a beat, Paramount Global 15.1%, Moderna 9.41% and Caesars 9.3%. However, Fortinet reported a miss and sank 12.69%.  The U.S. 10-year yield continued to decline, falling to 5.574% while Bitcoin slipped 1% to $34,500. In a quick decision Thursday night, Sam Bankman-Fried was found guilty on all counts in his criminal trial, a year after his fraudulent FTX sank the crypto market.

    💊 Jamieson Wellness (JWEL-T) +13.26%

    🏛 Brookfield Business Partners LP (BBU.UN-T) +11.19%

    ⛏ First Quantum Minerals (FM-T) +11.07%

    🛍 Savaria Corp (SIS-T) +8.45%

    🛢 Baytex Energy Corp (BTE-T) -2.73%

    🍎 Apple Inc (AAPL-Q) -0.63%

    ✈ Expedia (EXPE-Q) +18.91%

    🎞 Paramount Global (PARA-Q) +15.1%

    💉 Moderna (MRNA-Q) +9.41%

    ♠ Caesars Entertainment (CZR-Q) +9.3%

    💾 Fortinet Inc (FTNT-Q) -12.69%

    🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -1%

    0
    Shares
    • Share On Facebook
    • Tweet It




    Trending Now
    This Week's Stock Picks & BNN Top Picks Summary: OSPN-Q, VET-T and 20 Stock and 4 ETF Top Picks (Jul 18-24)
    Melisa R. H. July 25, 2025
    Weekly 52-Week Low (or 52-Week High): AEM-T, OLA-T, FOM-X, QTRH-T and More 52-Week Highs and Lows (Jul 16-22)
    Melisa R. H. July 23, 2025
    Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)
    Read Next

    Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)

    • logo

      We’re fintech passionates that reinvest almost all our revenues into the development of Stockchase and Wealthica. We hope you enjoy Stockchase and join Premium!

    • Top Reviews

      • Questrade Review: Pros & Cons of Trading with Questrade Canada (2023)
        8.5
      • The Ugly Truth About Identity Theft – Free Credit Report
        7
      • Questrade vs Others | The Review Competitors Don’t Want you to Read (2023)
    • Popular Posts

      • This Week's Stock Picks & BNN Top Picks Summary: OSPN-Q, VET-T and 20 Stock and 4 ETF Top Picks (Jul 18-24)
      • Weekly 52-Week Low (or 52-Week High): AEM-T, OLA-T, FOM-X, QTRH-T and More 52-Week Highs and Lows (Jul 16-22)
      • Most Anticipated Earnings: PSD-T, MTL-T and more Canadian Companies Reporting Earnings this Week (Jul 21-25)
      • JULY Gems
    • Stock Lists

      • Unraveling 15 of the Best Natural Gas Stocks: A Canada-USA...
        November 10, 2023
      • 13 Recession-Proof Stocks for Portfolio Safety
        October 26, 2023
      • The Ultimate Top Drone Stocks List for Sky-High Returns...
        October 25, 2023
      • Top Hotel Stocks to Buy for your Growth Portfolio
        October 12, 2023
      • Which Brookfield Stock to Buy? BAM vs BN: the Inspiring...
        October 9, 2023



    • Stockchase neither recommends nor promotes any investment strategies.

      About us : Privacy & Terms : Contact us

    © Stockchase Inc.
    Press enter/return to begin your search