{"id":225545,"date":"2021-05-07T18:32:45","date_gmt":"2021-05-07T22:32:45","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=225545"},"modified":"2021-05-08T08:47:29","modified_gmt":"2021-05-08T12:47:29","slug":"markets-end-week-on-record-highs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-end-week-on-record-highs\/","title":{"rendered":"Markets end week on record highs"},"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 class=\"expert-name\" href=\"https:\/\/stockchase.com\/expert\/view\/1\/Brian-Acker-CA\">Brian Acker<\/a>, including <a class=\"company-name-symbol\" href=\"https:\/\/stockchase.com\/INTC-Q\"><span class=\"company-name\">Intel<\/span><\/a> (<strong>A Top Pick Jun 14\/19, Up 31%<\/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>Despite a choppy week for tech stocks and disappointing jobless numbers on both sides of the border (which eased fears of rising interest rates), most of the major indices closed Friday on record highs. The TSX jumped nearly 1% to 19,472, led by energy and materials. <a href=\"https:\/\/stockchase.com\/CCO-T\">Cameco<\/a> missed its quarterly report, but offered rosy guidance to leap 10.64%. <a href=\"https:\/\/stockchase.com\/GOOS-T\">Canada Goose<\/a> soared over 6% while <a href=\"https:\/\/stockchase.com\/CG-T\">Centerra Gold<\/a> plunged nearly 30% after political and legal problems flared in Kyrgyz Republic where one of their mines is located.<\/p>\n<p>Other big gainers included <a href=\"https:\/\/stockchase.com\/OGI-T\">Organigram<\/a>, popping 12.42% and <a href=\"https:\/\/stockchase.com\/LAC-T\">Lithium Americas<\/a> at 7.8%. In contrast, <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife<\/a> shed 1.6%, despite reporting a beat earlier this week, as the heaviest-traded stock in Toronto. The price of WTI curde inched up 0.2% while WCS retreated 0.8%.<\/p>\n<p>The Dow and S&amp;P closed at record highs. The Dow rose 0.66% to 34,777 and the S&amp;P advanced 0.74% to 4,232. Industrials, financials and healthcare names enjoyed gains. <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing<\/a> was up 2.46%, <a href=\"https:\/\/stockchase.com\/NKE-N\">Nike<\/a> 3.24% and <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport-McMoran<\/a> 4.52%, while losers included <a href=\"https:\/\/stockchase.com\/MNST-Q\">Monster Beverage<\/a> at -3.97% and <a href=\"https:\/\/stockchase.com\/IBM-N\">IBM<\/a> at -1.99%. A week ago, the Nasdaq flirted with 14,000, but Friday the tech index managed to rally 0.88% to 13,752 to make up for recent losses. Covid vaccine-maker BioNTech recovered 9.35%, <a href=\"https:\/\/stockchase.com\/ROKU-Q\">Roku<\/a> climbed 11.55%, but <a href=\"https:\/\/stockchase.com\/BYND-Q\">Beyond Meat<\/a> slid nearly 7% after suffering Q1 losses. Meanwhile, gold added another 1% and <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">Bitcoin<\/a> rallied 3.4%.<\/p>\n<p>&#x2622; <a href=\"https:\/\/stockchase.com\/CCO-T\">Cameco Corporation<\/a> +10.64%<br \/>\n&#x1f9e3; <a href=\"https:\/\/stockchase.com\/GOOS-T\">Canada Goose Holdings<\/a> +6%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/CG-T\">Centerra Gold Inc<\/a> -30%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/OGI-T\">OrganiGram Holdings Inc.<\/a> +12.42%<br \/>\n&#x1f948; <a href=\"https:\/\/stockchase.com\/LAC-T\">Lithium Americas Corp<\/a> +7.8%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife Financial<\/a> -1.6%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing<\/a> +2.46%<br \/>\n&#x1f45f; <a href=\"https:\/\/stockchase.com\/NKE-N\">Nike Inc<\/a> +3.24%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport McMoran Copper &amp; Gold<\/a> +4.52%<br \/>\n&#x1f37e; <a href=\"https:\/\/stockchase.com\/MNST-Q\">Monster Beverage Corp<\/a> -3.97%<br \/>\n&#x1f4bb; <a href=\"https:\/\/stockchase.com\/IBM-N\">IBM<\/a> -1.99%<br \/>\n&#x1f489; BioNTech +9.35%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/ROKU-Q\">Roku Inc<\/a> +11.55%<br \/>\n&#x1f969; <a href=\"https:\/\/stockchase.com\/BYND-Q\">Beyond Meat Inc.<\/a> -7%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">The Bitcoin Fund<\/a> +3.4%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Brian Acker, including Intel (A Top Pick Jun 14\/19, Up 31%) Get Premium to receive all past top picks opinions a few hours before market open. Despite a choppy week for [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"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-225545","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\/225545","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=225545"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/225545\/revisions"}],"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=225545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=225545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=225545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}