{"id":260927,"date":"2022-01-14T17:50:33","date_gmt":"2022-01-14T22:50:33","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=260927"},"modified":"2022-01-14T17:52:09","modified_gmt":"2022-01-14T22:52:09","slug":"260927-2","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/260927-2\/","title":{"rendered":"The markets on friday"},"content":{"rendered":"

Markets closed at session highs to cap another choppy week of trading. The TSX closed 0.33% higher on Friday and 1.35% for the week. Energy and tech propelled the rise while staples and real estate sank. Given Russian-Ukrainian military tensions, WTI crude rose 2.5% past $82 a barrel, while WCS spiked 5% to break $71. This helped make Suncor<\/a> the most-traded stock in Toronto, up 1.69%, and lifted Cenovus<\/a> by 3.33%, Baytex<\/a> by 4.87% and both Crescent Point<\/a> and CNQ<\/a> by 3.61%.<\/p>\n

Pot names Fire & Flower<\/a> rallied nearly 9% and Hexo<\/a> 2.6%, while Shopify<\/a> halted its recent slide by bouncing 3.68%. On the downside, First Quantum Minerals<\/a> slid 3%, SNC-Lavalin<\/a> retreated 4.64% and Stelco<\/a> fell 3.5%. The Canadian dollar held steady right below $0.80 against the USD.<\/p>\n

On Wall Street, disappointing retail numbers and varied U.S. bank earnings pressured markets, though the day ended mixed. The Dow closed -0.56%, the S&P 0.08% and the Nasdaq 0.75% as tech modestly rebounded. Meta\/Facebook<\/a> advanced 1.66%, Lam Research<\/a> 6.27% and AMD<\/a> 3.12%. JPMorgan<\/a> sank 6.15% after lowering guidance and Goldman Sachs<\/a> tumbled 2.52%. Elsewhere, Baker Hughes<\/a> rallied 4.53% and Diamondback Energy<\/a> advanced 4.13%. Travel names roared back as Las Vegas Sands<\/a> jumped 14.15% and Wynn Resorts<\/a> 8.6%. However, American Airlines<\/a> dove 4.4%, Affirm Holdings<\/a> sank 4.08% and Beyond Meat<\/a> slid 6%. The S&P and Nasdaq were down marginally for the week, though the Dow shed over 1%. Finally, the U.S. 10-year yield ticked down to 1.786% by the Friday close while Bitcoin<\/a> continued to slump, down 1.5% to trade over $43,000.<\/p>\n

🛢 Suncor Energy Inc (SU-T)<\/a> +1.69%
\n🛢 Cenovus Energy (CVE-T)<\/a> +3.33%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> +4.87%
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> +3.61%
\n🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> +3.61%
\n🌿 Fire & Flower Holdings (FAF-T)<\/a> +9%
\n🌿 Hexo Corp (HEXO-T)<\/a> +2.6%
\n🛍 Shopify Inc. (SHOP-T)<\/a> +3.68%
\n⛏ First Quantum Minerals (FM-T)<\/a> -3%
\n🛢 SNC-Lavalin Group Inc. (SNC-T)<\/a> -4.64%
\n⛓ Stelco Holdings Inc. (STLC-T)<\/a> -3.5%
\n🕵️‍♂️ Meta Platforms Inc \/ Facebook (FB-Q)<\/a> +1.66%
\n🧬 Lam Research Corp (LRCX-Q)<\/a> +6.27%
\n💾 Advanced Micro Devices (AMD-Q)<\/a> +3.12%
\n🏛 JP Morgan Chase & Co (JPM-N)<\/a> -6.15%
\n🏛 Goldman Sachs (GS-N)<\/a> -2.52%
\n🛢 Baker-Hughes (BHGE-N)<\/a> +4.53%
\n🏗 Diamondback Energy (FANG-Q)<\/a> +4.13%
\n♠ Las Vegas Sands Corp. (LVS-N)<\/a> +14.15%
\n🏢 Wynne Resorts Ltd. (WYNN-Q)<\/a> +8.6%
\n🛫 American Airlines Group (AAL-Q)<\/a> -4.4%
\n🏛 Affirm Holdings (AFRM-Q)<\/a> -4.08%
\n🥩 Beyond Meat Inc. (BYND-Q)<\/a> -6%
\n🅱 Bitcoin Cash (CRYPTO:BCH)<\/a> -1.5%<\/p>\n","protected":false},"excerpt":{"rendered":"

Markets closed at session highs to cap another choppy week of trading. The TSX closed 0.33% higher on Friday and 1.35% for the week. Energy and tech propelled the rise while staples and real estate sank. Given Russian-Ukrainian military tensions, […]<\/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-260927","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\/260927","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=260927"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/260927\/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=260927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=260927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=260927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}