{"id":240728,"date":"2021-08-20T17:32:11","date_gmt":"2021-08-20T21:32:11","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=240728"},"modified":"2021-08-21T08:15:04","modified_gmt":"2021-08-21T12:15:04","slug":"markets-rebound-to-end-choppy-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-rebound-to-end-choppy-week\/","title":{"rendered":"Markets rebound to end choppy week"},"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\/1440\/Chris-Blumas\">Chris Blumas<\/a>, including <a href=\"https:\/\/stockchase.com\/company\/view\/588\/HRUN-T\">H&amp;R Real Estate Inv Trust<\/a> <span style=\"font-family: inherit; font-size: inherit;\"> (<strong>A Top Pick Sep 17\/19, Down 52%<\/strong><\/span><span style=\"font-family: inherit; font-size: inherit;\">) <\/span><strong style=\"font-family: inherit; font-size: inherit;\"><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.<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><\/strong><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>Led by big tech, markets on both sides of the border rebounded Friday to end a choppy week which saw new highs yet sharp sell-offs. The Dow rose 0.64%, the S&amp;P 0.81% and the Nasdaq 1.19% as big tech rallied, all closing at session highs. <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> made new highs above $300 after jumping 2.56%. Likewise, <a href=\"https:\/\/stockchase.com\/company\/view\/21\/ADBE-Q\">Adobe<\/a> scaled fresh heights after climbing 1.52%, and <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> soared over 5% to surpass $200. Meanwhile, <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Telsa<\/a> each added 1% to their share prices. Apart from energy which was flat, all the major Dow sectors were positive. <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot<\/a> popped nearly 2% while <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreens<\/a> rallied 1.61%. However, from a week&#8217;s perspective, the Nasdaq slipped 0.4%, the S&amp;P lost half-a-percent while the Dow slid about 0.9%. Investors continue to watch the Delta variant which may or may not slow world economic growth. Wall Street also continues to eye the Fed and its rate policies.<\/p>\n<p>Meanwhile, the TSX gained 0.61% to end the week, as all the major sectors showed robust gains. Oil names regained some lost ground, sich as <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> which advanced 1.23%. Green power name, <a href=\"https:\/\/stockchase.com\/company\/view\/78\/AQN-T\">Algonquin<\/a>, surged 1.62%, and Canadian tech enjoyed gains in <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed<\/a>, up 3.64%, and upstart <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei<\/a>, jumping 3.69%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/5737\/HEXO-T\">Hexo<\/a> tanked nearly 28% after announcing a public offering. <a href=\"https:\/\/stockchase.com\/company\/view\/621\/IFP-T\">Interfor<\/a> sank about 4% to reflect the ongoing decline in lumber prices. After tumbling a full cent the day before, the CAD held steady right below 78 cents. The price of WTI actually sank 2% to nearly $62 while WCS slid 4%. The TSX itself retreated about 0.7% for the week.<\/p>\n<p>&#x24c2; <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> +2.56%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/21\/ADBE-Q\">Adobe Systems<\/a> +1.52%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia Corp<\/a> +5%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> +1%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc<\/a> +1%<br \/>\n&#x1f6e0; <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot<\/a> +2%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreen Boots Alliance<\/a> +1.61%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs<\/a> +1.23%<br \/>\n&#x267b; <a href=\"https:\/\/stockchase.com\/company\/view\/78\/AQN-T\">Algonquin Power &amp; Utilities Corp<\/a> +1.62%<br \/>\n&#x1f4c0; <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed Commerce Inc<\/a> +3.64%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei Corp<\/a> +3.69%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5737\/HEXO-T\">Hexo Corp<\/a> -28%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/621\/IFP-T\">Interfor Corp<\/a> -4%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Chris Blumas, including H&amp;R Real Estate Inv Trust (A Top Pick Sep 17\/19, Down 52%) Get Premium to receive all past top picks opinions a few hours before market open. Led [&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-240728","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\/240728","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=240728"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/240728\/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=240728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=240728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=240728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}