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U.S. stock climb before long weekend

Allan Tong Posted On July 1, 2022
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As the TSX was closed Friday for Canada Day, Wall Street ended the week modestly up on Friday. The S&P gained 1.06%, the Nasdaq 0.9% and the Dow 1.05% to offer some relief to the toughest half-year on Wall Street in decades.

There were broad gains as Amazon rose 3.15%, Apple 1.62%, Etsy 9%, Lennar 5.71%, Sherwin-Williams 5.06% and Warner Bros Discovery 6.18%. Laggards included Lam Research at -7.35%, Applied Materials -5.18% and AMD -3.66%. WTI oil climbed 2.5% to nearly $109. However, the U.S. 10-year yield actually slid below 3% to 2.894% while Bitcoin continued to slump, tumbling 2.6% below $19.500. The U.S. will celebrates its own national holiday on Monday.

📦 Amazon.com (AMZN-Q) +3.15%
🍎 Apple (AAPL-Q) +1.62%
🛍 Etsy Inc. (ETSY-Q) +9%
🏠 Lennar Corp. (LEN-N) +5.71%
👩‍🎨 Sherwin-Williams Co. (SHW-N) +5.06%
📺 Warner Bros. Discovery (WBD-Q) +6.18%
🧬 Lam Research Corp (LRCX-Q) -7.35%
🏗 Applied Materials (AMAT-Q) -5.18%
💾 Advanced Micro Devices (AMD-Q) -3.66%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2.6%

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