Tech stocks continued to make new highs as a new lockdown in Austria to fight Covid spooked North American markets Friday. Once more, tech rallied as the Nasdaq made a new high of 16,057 after adding 0.4% for the day or 1.2% for the week. In contrast, the S&P closed -0.14% and the Dow 0.75% and declining modestly for the week.\u00a0 For instance, the S&P is half-a-percent from its recent highs.<\/p>\n
Winners included Adobe<\/a>, up 2.59%, BioNTech<\/a> soaring 5.73% and Apple<\/a> by 1.7%. With lockdown fears, anything to do with travel and leisure got hit. Airbnb<\/a> closed -3.87%, Carnival<\/a> -2.2% and United Airlines<\/a> -2.78%. The U.S. 10-year yield even lost ground as it dipped 3% to 1.537%.<\/p>\n Meanwhile, the TSX closed -0.38% or 213 points for the week as tumbling crude oil prices weighed on Canadian stocks. WTI sank over 3% to below $76 per barrel while WCS tanked over 6% to below $57. In addition to energy, staples and materials sold off though tech and real estate gained. Once again, Manulife<\/a> traded the most shares, though it slipped 2.16%. Energy names Cenovus<\/a> and Crescent Point<\/a> tumbled 4.66% and 4.63% respectively while Baytex<\/a> tanked nearly 6%. Lightspeed<\/a> slid 7.36%. However, cannabis name Fire & Flower<\/a> grew 3.13% and TFI International<\/a> advanced 2.23%.<\/p>\n 💾 Adobe Systems (ADBE-Q)<\/a> +2.59% Tech stocks continued to make new highs as a new lockdown in Austria to fight Covid spooked North American markets Friday. Once more, tech rallied as the Nasdaq made a new high of 16,057 after adding 0.4% for the day […]<\/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-254322","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\/254322","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=254322"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/254322\/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=254322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=254322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=254322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🧫 BioNTech (BNTX-Q)<\/a> +5.73%
\n🍎 Apple (AAPL-Q)<\/a> +1.7%
\n🏠 Airbnb (ABNB-Q)<\/a> -3.87%
\n🚢 Carnival Corp. (CCL-N)<\/a> -2.2%
\n🛫 United Airlines Holdings (UAL-Q)<\/a> -2.78%
\n🏛 Manulife Financial (MFC-T)<\/a> -2.16%
\n🛢 Cenovus Energy (CVE-T)<\/a> -4.66%
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> -4.63%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> -6%
\n💿 Lightspeed Commerce Inc (LSPD-T)<\/a> -7.36%
\n🌿 Fire & Flower Holdings (FAF-T)<\/a> +3.13%
\n🚚 TFI International Inc (TFII-T)<\/a> +2.23%<\/p>\n","protected":false},"excerpt":{"rendered":"