{"id":256784,"date":"2021-12-10T17:25:46","date_gmt":"2021-12-10T22:25:46","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=256784"},"modified":"2021-12-10T17:25:46","modified_gmt":"2021-12-10T22:25:46","slug":"sp-ends-week-on-a-high","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/sp-ends-week-on-a-high\/","title":{"rendered":"S&#038;P ends week on a high"},"content":{"rendered":"<p>Markets ended another volatile week mostly positive, led by the S&amp;P which rose nearly 1% Friday to a new closing high of 4,712. The S&amp;P led the major indices by gaining 3.8% for the week. On Friday, the Dow gained 0.58% and the Nasdaq 0.71%.<\/p>\n<p>Consumer stocks and especially tech rallied on Wall Street as <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/321\/CSCO-Q\">Cisco<\/a> added nearly 3%, while <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> made another record close by climbing 2.73%. Elsewhere, <a href=\"https:\/\/stockchase.com\/company\/view\/702\/KO-N\">Coca-Cola<\/a> popped 2.62%, <a href=\"https:\/\/stockchase.com\/company\/view\/487\/F-N\">Ford<\/a> soared 9.81% and its competitor <a href=\"https:\/\/stockchase.com\/company\/view\/529\/GM-N\">GM<\/a> advanced 6%. As the U.S. 10-year yield slipped to 1.487%, high-growth tech stocks continued to move up. On the downside were <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna<\/a> at -5.57%, <a href=\"https:\/\/stockchase.com\/company\/view\/5710\/PENN-Q\">Penn National Gaming<\/a> at -4.04% and <a href=\"https:\/\/stockchase.com\/company\/view\/748\/LUV-N\">Southwest Airlines<\/a> at -3.74%.<\/p>\n<p>Weakness in staples, materials and tech modestly pressured the TSX on Friday as it closed -0.17%, though it gained 257 points for the week to stay right below 21,000. Cannabis names took a beating as <a href=\"https:\/\/stockchase.com\/company\/view\/5737\/HEXO-T\">Hexo<\/a> slid 5.38% and <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy<\/a> shed 6%. However, notable gainers included <a href=\"https:\/\/stockchase.com\/company\/view\/716\/LB-T\">Laurentian Bank<\/a>, up 5.65%, <a href=\"https:\/\/stockchase.com\/company\/view\/3673\/PXT-T\">Parex Resources<\/a> at 3.64% and several miners, such as <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold<\/a> which shone 4.21%. WTI and WCS crude both rallied around 1.5% to $72 and $55.50 a barrel, respectively. Finally, <a href=\"https:\/\/stockchase.com\/company\/view\/6974\/CRYPTOBCH\">Bitcoin<\/a> inched up 0.75% Friday to around $48,300, but saw its fourth-straight week of declines.<\/p>\n<p>&#x24c2; <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft (MSFT-Q)<\/a> +3%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/321\/CSCO-Q\">Cisco (CSCO-Q)<\/a> +3%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple (AAPL-Q)<\/a> +2.73%<br \/>\n&#x1f964; <a href=\"https:\/\/stockchase.com\/company\/view\/702\/KO-N\">Coca-Cola Company (KO-N)<\/a> +2.62%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/487\/F-N\">Ford Motor (F-N)<\/a> +9.81%<br \/>\n&#x1f698; <a href=\"https:\/\/stockchase.com\/company\/view\/529\/GM-N\">General Motors Corporation (GM-N)<\/a> +6%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna (MRNA-Q)<\/a> -5.57%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/company\/view\/5710\/PENN-Q\">Penn National Gaming Inc (PENN-Q)<\/a> -4.04%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/748\/LUV-N\">Southwest Airlines (LUV-N)<\/a> -3.74%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5737\/HEXO-T\">Hexo Corp (HEXO-T)<\/a> -5.38%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy Growth Corp. (WEED-T)<\/a> -6%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/716\/LB-T\">Laurentian Bank (LB-T)<\/a> +5.65%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3673\/PXT-T\">Parex Resources Inc. (PXT-T)<\/a> +3.64%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold Corp (MOZ-T)<\/a> +4.21%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6974\/CRYPTOBCH\">Bitcoin Cash (CRYPTO:BCH)<\/a> +0.75%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets ended another volatile week mostly positive, led by the S&amp;P which rose nearly 1% Friday to a new closing high of 4,712. The S&amp;P led the major indices by gaining 3.8% for the week. On Friday, the Dow gained [&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-256784","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\/256784","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=256784"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/256784\/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=256784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=256784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=256784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}