Futures were green Friday morning until U.S. employment numbers came in better than expected, which pressured markets. However, stocks rallied by the close. The S&P finished 0.52% or up 2% for the week or 7% below its peak, the Nasdaq 1.58% for the day or down 10% for 2022, and the Dow nearly broke even, closing -0.06%.<\/p>\n
Amazon and Snap reported blow-out quarters. Amazon<\/a> soared 13.74% while Snap<\/a> popped 58%. Other gainers included Bank of America<\/a> up 4.28%, Twitter<\/a> 7.27%, Take-Two Interactive<\/a> 7.33% and Etsy<\/a> 5.38%. Laggards included Ford<\/a> at -9.73% after issuing its quarter, Clorox<\/a> -14.52% and Stanley Black & Decker<\/a> -4.43%. Despite strong gains in some tech names, the U.S. 10-year yield surged to highs last seen since December 2019, jumping to 1.918%. Meanwhile, Bitcoin<\/a> leapt 11% to over $40,500.<\/p>\n The Amazon effect and ever-climbing oil prices helped push the TSX 0.84% higher on Friday and nearly 3% for the week (or 0.5% YTD). Crude hit multi-year highs as WTI rallied over 2% to suprass $92 per barrel and WCS jumped 2.5% to top $78 (or 77% for the past year). Besides energy and tech, materials and financials also gained on Friday. Shopify<\/a> bounced 8.81%. Weed names surged, such as Tilray<\/a> by 6.15% and Cronos<\/a> at 5.44%. Cameco<\/a> added 4.53%, Denison Mines<\/a> 4.17% and Baytex<\/a> 4.4%. Losing ground were Interfor<\/a> at -5.39%, Parex<\/a> -4.79% and Open Text<\/a> -3.9%. Gold inched up to $1,800 an ounce.<\/p>\n 📦 Amazon.com (AMZN-Q)<\/a> +13.74% Futures were green Friday morning until U.S. employment numbers came in better than expected, which pressured markets. However, stocks rallied by the close. The S&P finished 0.52% or up 2% for the week or 7% below its peak, the Nasdaq […]<\/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-263855","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\/263855","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=263855"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/263855\/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=263855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=263855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=263855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n📷 Snap Inc. (SNAP-N)<\/a> +58%
\n🏛 Bank of America (BAC-N)<\/a> +4.28%
\n🐦 Twitter, Inc (TWTR-N)<\/a> +7.27%
\n💾 Take-Two Interactive Softwar (TTWO-Q)<\/a> +7.33%
\n🛍 Etsy Inc. (ETSY-Q)<\/a> +5.38%
\n🚚 Ford Motor (F-N)<\/a> -9.73%
\n🧴 Clorox Company (CLX-N)<\/a> -14.52%
\n🔌 Stanley Works, The (SWK-N)<\/a> -4.43%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +11%
\n🛍 Shopify Inc. (SHOP-T)<\/a> +8.81%
\n🌿 Tilray Inc. (TLRY-Q)<\/a> +6.15%
\n🌿 Cronos Group Inc (CRON-T)<\/a> +5.44%
\n⛏ Cameco Corporation (CCO-T)<\/a> +4.53%
\n⛏ Denison Mines Corp (DML-T)<\/a> +4.17%
\n⚡ Baytex Energy Corp (BTE-T)<\/a> +4.4%
\n🌲 Interfor Corp (IFP-T)<\/a> -5.39%
\n🏗 Parex Resources Inc. (PXT-T)<\/a> -4.79%
\n💾 Open Text (OTEX-T)<\/a> -3.9%<\/p>\n","protected":false},"excerpt":{"rendered":"