{"id":262827,"date":"2022-01-28T17:49:54","date_gmt":"2022-01-28T22:49:54","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=262827"},"modified":"2022-01-28T17:49:54","modified_gmt":"2022-01-28T22:49:54","slug":"stocks-surge-friday-to-cap-volatile-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-surge-friday-to-cap-volatile-week\/","title":{"rendered":"Stocks surge Friday to cap volatile week"},"content":{"rendered":"<p>After a weak open Friday morning, stocks on both sides of the border rallied and closed on session highs to conclude a wild week. Again, tech stocks were the focus as the Nasdaq barely climbed into the positive for the week, which saw a 7% move.<\/p>\n<p>The Nasdaq surged 3.13% on Friday to 13,770, propelled by <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/3189\/V-N\">Visa<\/a> which both reported blowout earnings late Thursday and soared nearly 7% and 10.57% respectively. Meanwhile, the S&amp;P jumped 2.44% (barely positive for the week) and the Dow swung 800 points during the day to finish 1.66% higher. Notable gainers: <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon<\/a> 2.88%, <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet<\/a> 3.08%, <a href=\"https:\/\/stockchase.com\/company\/view\/3890\/CMG-N\">Chipotle<\/a> 4.76% and <a href=\"https:\/\/stockchase.com\/company\/view\/2600\/MA-N\">Mastercard<\/a> 8.85%. Laggards: <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> -5.19%, <a href=\"https:\/\/stockchase.com\/company\/view\/800\/MMM-N\">3M<\/a> -4.14%, <a href=\"https:\/\/stockchase.com\/company\/view\/337\/CVX-N\">Chevron<\/a> -3.47% and <a href=\"https:\/\/stockchase.com\/company\/view\/1338\/WDC-Q\">Western Digital<\/a> -7.32%. The U.S. 10-year yield slipped to 1.7822% while <a href=\"https:\/\/stockchase.com\/company\/view\/6974\/CRYPTOBCH\">Bitcoin<\/a> rose over 5% to nearly $38,000.<\/p>\n<p>The TSX saw more modest gains of 0.68% but added 120 points for the week. Only the materials lagged, while tech ripped the highest. Gainers: <a href=\"https:\/\/stockchase.com\/company\/view\/5737\/HEXO-T\">Hexo<\/a> 8.33%, <a href=\"https:\/\/stockchase.com\/company\/view\/5163\/KXS-T\">Kinaxis<\/a> 7.4%, <a href=\"https:\/\/stockchase.com\/company\/view\/6611\/OGI-T\">Organigram<\/a> 7.19%, <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> 7.11% and <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources<\/a> 6.88%. Losing ground were <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources<\/a> at -3.59%, <a href=\"https:\/\/stockchase.com\/company\/view\/3909\/CMMC-T\">Copper Mountain Mining<\/a> -2.96% and <a href=\"https:\/\/stockchase.com\/company\/view\/666\/TRQ-T\">Turquoise Hill Resources<\/a> -3.92%. Oil continued to climb higher as WTI crude gained 0.8% psat $87 a barrel though WCS was flat around $74.30. Meanwhile, gold dipped below $1,800 an ounce, down 0.4%. Investors are bracing themselves for continued volatility next week, though more key earnings may lift markets like Friday and some wonder if we are hitting a bottom.<\/p>\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple (AAPL-Q)<\/a> +7%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/company\/view\/3189\/V-N\">Visa Inc. (V-N)<\/a> +10.57%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon.com (AMZN-Q)<\/a> +2.88%<br \/>\n&#x1f9ee; <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet Inc. \/ Google (GOOG-Q)<\/a> +3.08%<br \/>\n&#x1f336; <a href=\"https:\/\/stockchase.com\/company\/view\/3890\/CMG-N\">Chipotle Mexican Grill (CMG-N)<\/a> +4.76%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/company\/view\/2600\/MA-N\">Mastercard Inc. (MA-N)<\/a> +8.85%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar (CAT-N)<\/a> -5.19%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/800\/MMM-N\">3M Co. (MMM-N)<\/a> -4.14%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/337\/CVX-N\">Chevron Texaco (CVX-N)<\/a> -3.47%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/company\/view\/1338\/WDC-Q\">Western Digital (WDC-Q)<\/a> -7.32%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6974\/CRYPTOBCH\">Bitcoin Cash (CRYPTO:BCH)<\/a> +5%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5737\/HEXO-T\">Hexo Corp (HEXO-T)<\/a> +8.33%<br \/>\n&#x1f4bb; <a href=\"https:\/\/stockchase.com\/company\/view\/5163\/KXS-T\">Kinaxis Inc (KXS-T)<\/a> +7.4%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6611\/OGI-T\">OrganiGram Holdings Inc. (OGI-T)<\/a> +7.19%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +7.11%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources Ltd (ARX-T)<\/a> +6.88%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources Ltd. (B) (TECK.B-T)<\/a> -3.59%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/3909\/CMMC-T\">Copper Mountain Mining (CMMC-T)<\/a> -2.96%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/666\/TRQ-T\">Turquoise Hill Resources (TRQ-T)<\/a> -3.92%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a weak open Friday morning, stocks on both sides of the border rallied and closed on session highs to conclude a wild week. Again, tech stocks were the focus as the Nasdaq barely climbed into the positive for the [&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-262827","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\/262827","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=262827"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/262827\/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=262827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=262827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=262827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}