Investors south of the border strapped on their seat belts Friday as stocks went on a volatile ride. The Nasdaq plunged below 15,000 in early trading as tech continued to get beaten, but then see-sawed between positive and negative before closing closed flat (shedding 10 points). That didn’t save the Nasdaq from retreating 3% for the week. The S&P slipped over 1% as the Dow fell 1.48% as these indices also lost ground for the week.<\/p>\n
Financials, industrials, health and energy sank on Wall Street. Losing ground: Goldman Sachs<\/a> at -3.92%, Western Union<\/a> -6%, Chevron<\/a> -2.61% and Walmart<\/a> -3.2%. Perhaps surprisingly amid current Omicron fears was that travel and leisure names rebounded Friday. Live Nation<\/a> surged 3.57% and Royal Caribbean<\/a> jumped 5.25%. Not only that but the so-called lockdown winners soared: Zoom<\/a> zoomed 9.51% and Peloton<\/a> raced 6.63%. Meanwhile, FedEx<\/a> delivered a blow-out quarter and forecast and rallied nearly 5%, while Moderna<\/a> climbed 4.53%. The U.S. 10-year, though, ticked down to 1.41% while Bitcoin<\/a> shed 4% to $46,000.<\/p>\n Once more, things were calmer in Canada where the TSX closed exactly flat at 20,739 and was down 0.7% for the week. Real estate, telcos and tech rallied while energy sagged. Changing the most hands were Baytex<\/a>, down 2.79% and Tamarack Valley<\/a>, slipping 2.77%. Other oil names also fell as crude oil WTI declined to $70 a barrel and WCS to around $55.50. However, Bombardier<\/a> rallied 5.88%, weed names Organigram<\/a> and Canopy<\/a> both jumped 6% and Blackberry<\/a> advanced 5.18%.<\/p>\n 🏛 Goldman Sachs (GS-N)<\/a> -3.92% Investors south of the border strapped on their seat belts Friday as stocks went on a volatile ride. The Nasdaq plunged below 15,000 in early trading as tech continued to get beaten, but then see-sawed between positive and negative before […]<\/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-257718","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\/257718","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=257718"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/257718\/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=257718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=257718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=257718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🏛 Western Union Co. (WU-N)<\/a> -6%
\n🛢 Chevron Texaco (CVX-N)<\/a> -2.61%
\n🛒 Walmart Inc (WMT-N)<\/a> -3.2%
\n🎟 Live Nation Entertainment Inc. (LYV-N)<\/a> +3.57%
\n🚢 Royal Caribbean Cruises (RCL-N)<\/a> +5.25%
\n📹 Zoom Video Communications Inc. (ZM-Q)<\/a> +9.51%
\n🚲 Peloton Interactive (PTON-Q)<\/a> +6.63%
\n📦 FedEx (FDX-N)<\/a> +5%
\n💉 Moderna (MRNA-Q)<\/a> +4.53%
\n🅱 Bitcoin Cash (CRYPTO:BCH)<\/a> -4%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> -2.79%
\n🛢 Tamarack Valley Energy (TVE-T)<\/a> -2.77%
\n🚂 Bombardier Inc (B) (BBD.B-T)<\/a> +5.88%
\n🌿 OrganiGram Holdings Inc. (OGI-T)<\/a> +6%
\n🌿 Canopy Growth Corp. (WEED-T)<\/a> +6%
\n📱 BlackBerry (BB-T)<\/a> +5.18%<\/p>\n","protected":false},"excerpt":{"rendered":"