{"id":170342,"date":"2020-05-22T20:31:48","date_gmt":"2020-05-22T20:31:48","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=170342"},"modified":"2020-05-23T11:38:14","modified_gmt":"2020-05-23T11:38:14","slug":"markets-close-the-week-modestly-up","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-close-the-week-modestly-up\/","title":{"rendered":"Markets close the week modestly up"},"content":{"rendered":"<hr \/>\n<table cellpadding=\"10\" align=\"center\">\n<tbody style=\"padding: 10px; font-family: Helvetica, Arial;\">\n<tr align=\"center\">\n<td align=\"center\"><center>This week, you missed Past Top Picks comments by <a href=\"https:\/\/stockchase.com\/expert\/view\/1375\/Bruce-Murray\">Bruce Murray<\/a> including <a href=\"https:\/\/stockchase.com\/BMW-GR\">Bayerische Motoren Werke AG<\/a> (<strong>A Top Pick Jul 24\/18, Down 22%<\/strong>) <strong><a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-text\">Get Premium<\/a> to receive all past top picks opinions a few hours before market open.<\/strong><br \/>\n<a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-image\"><img decoding=\"async\" class=\"alignnone size-full wp-image-123205\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/11\/premium-button.png\" alt=\"Get Premium\" width=\"289\" height=\"48\" \/><\/a><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>Markets held onto the gains of Monday&#8217;s rally to close up for the week, but just barely. The Nasdaq rallied 0.43% Friday, followed by the S%P at 0.24% and the TSX at 0.2%, though the Dow traded -0.04%.<\/p>\n<p>Toronto finished the week 400 points higher to close just below 15,000. The backdrop continues to be gradual re-openings around the world and ongoing progress in the production of a virus vaccine.<\/p>\n<p>In the U.S. on Friday, real estate and tech lead the gainers, while energy and financials lagged. <a href=\"https:\/\/stockchase.com\/HAL-N\">Haliburton<\/a>, for instance, lost 3.2%. However, fast food stocks like <a href=\"https:\/\/stockchase.com\/CMG-N\">Chipotle<\/a> rose 2.82% in heavy trading. The markets are broadening with retail ticking up as more shops re-open. The <a href=\"https:\/\/stockchase.com\/XRT-N\">XRT<\/a> American retail ETF gained about 6% for the week. In Toronto, weed stocks continued to get higher. <a href=\"https:\/\/stockchase.com\/TGOD-CSE\">Green Organic Dutchman<\/a> shot up 12.79% and <a href=\"https:\/\/stockchase.com\/CRON-T\">Cronos<\/a> surged 8.5%. Gold names continued to glitter, such as Gran Colombia, up 6.88%. Ahead of next week&#8217;s earnings reports, the banks lagged with <a href=\"https:\/\/stockchase.com\/RY-T\">Royal<\/a> down 1.68%. Fears of credits losses may pressure the banks. WCS inched up modestly by 0.24% while WTI lost 1.6%. Meanwhile, hold held steady above $1,700\/ounce.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/HAL-N\">Halliburton Co<\/a> -3.2%<br \/>\n&#x1f336; <a href=\"https:\/\/stockchase.com\/CMG-N\">Chipotle Mexican Grill<\/a> +2.82%<br \/>\n&#x1f4b9; <a href=\"https:\/\/stockchase.com\/XRT-N\">SPDR Retail ETF<\/a> +6%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/TGOD-CSE\">Green Organic Dutchman Holdings<\/a> +12.79%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/CRON-T\">Cronos Group Inc<\/a> +8.5%<br \/>\n&#x1f947; Gran Colombia Gold Corp +6.88%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/RY-T\">Royal Bank<\/a> -1.68%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Bruce Murray including Bayerische Motoren Werke AG (A Top Pick Jul 24\/18, Down 22%) Get Premium to receive all past top picks opinions a few hours before market open. Markets held [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":170380,"comment_status":"open","ping_status":"open","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-170342","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\/170342","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=170342"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/170342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/170380"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=170342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=170342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=170342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}