{"id":272855,"date":"2022-04-08T23:02:27","date_gmt":"2022-04-09T03:02:27","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=272855"},"modified":"2022-04-08T23:02:27","modified_gmt":"2022-04-09T03:02:27","slug":"yields-and-tsx-climb-tech-down","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/yields-and-tsx-climb-tech-down\/","title":{"rendered":"Yields and TSX climb, tech down"},"content":{"rendered":"<p>Markets were choppy Friday, no surprise this week, and ended on a mixed note with the TSX up 0.18% after flirting with new highs, the S&amp;P -0.26% (down 1.2% for the week), the Nasdaq -1.34% (-5.2% for the week) and the Dow 0.47%. Again, Canadian stocks outshone American ones for the week, aided by WTI crude climbing 1.75% nearly $98 a barrel and WCS % Energy and materials led Toronto while tech and industrials lagged.<\/p>\n<p>Big gainers were <a href=\"https:\/\/stockchase.com\/company\/view\/1141\/SOY-T\">Sunopta<\/a> jumping nearly 10%, <a href=\"https:\/\/stockchase.com\/company\/view\/2154\/MTY-T\">MTY Food Group<\/a> up 8.34%, <a href=\"https:\/\/stockchase.com\/company\/view\/1345\/QTRH-T\">Quarterhill<\/a> by 7.39% and many oil names such as <a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovus<\/a> up 4.73%. Laggards were <a href=\"https:\/\/stockchase.com\/company\/view\/260\/CJRB-T\">Corus Entertainment<\/a> at -2.32%, <a href=\"https:\/\/stockchase.com\/company\/view\/6538\/DND-T\">Dye &amp; Durham<\/a> sliding about 8% and <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> down 6.55%.<\/p>\n<p>On Wall Street, the U.S. 10-year yield touched 2.7% for the first time since March 2019. Unsurprisingly, tech suffered the most losses though financials, healthcare and energy saw gains. Moving up were <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot<\/a> by 2.76%, <a href=\"https:\/\/stockchase.com\/company\/view\/4636\/PXD-N\">Pioneer<\/a> up about 4%, <a href=\"https:\/\/stockchase.com\/company\/view\/5289\/REGN-Q\">Regeneron<\/a> up 2.36% and <a href=\"https:\/\/stockchase.com\/company\/view\/5029\/DISCB-Q\">Discovery<\/a> which jumped 5.9%. Losing ground were chipmakers <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> at -2.62% and <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> -4.5%, <a href=\"https:\/\/stockchase.com\/company\/view\/585\/HPQ-N\">HP<\/a> -3.57% and <a href=\"https:\/\/stockchase.com\/company\/view\/4686\/TWTR-N\">Twitter<\/a> -3.75% which enjoyed huge gains during the week. Finally, <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> slipped 1.6% to dip below $43,000. All eyes are on earnings season which begins next week with the financials.<\/p>\n<p>&#x1f36c; <a href=\"https:\/\/stockchase.com\/company\/view\/1141\/SOY-T\">Sunopta Inc. (SOY-T)<\/a> +10%<br \/>\n&#x1f37d; <a href=\"https:\/\/stockchase.com\/company\/view\/2154\/MTY-T\">MTY Food Group (MTY-T)<\/a> +8.34%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/1345\/QTRH-T\">Quarterhill Inc (QTRH-T)<\/a> +7.39%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovus Energy (CVE-T)<\/a> +4.73%<br \/>\n&#x1f4e1; <a href=\"https:\/\/stockchase.com\/company\/view\/260\/CJRB-T\">Corus Entertainment (B) (CJR.B-T)<\/a> -2.32%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6538\/DND-T\">Dye &amp; Durham (DND-T)<\/a> -8%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -6.55%<br \/>\n&#x1f6e0; <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot (HD-N)<\/a> +2.76%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4636\/PXD-N\">Pioneer Natural Resources (PXD-N)<\/a> +4%<br \/>\n&#x1f9eb; <a href=\"https:\/\/stockchase.com\/company\/view\/5289\/REGN-Q\">Regeneron Pharmaceuticals Inc (REGN-Q)<\/a> +2.36%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/company\/view\/5029\/DISCB-Q\">Discovery Communications Inc (DISCB-Q)<\/a> +5.9%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> -2.62%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia Corp (NVDA-Q)<\/a> -4.5%<br \/>\n&#x1f4bb; <a href=\"https:\/\/stockchase.com\/company\/view\/585\/HPQ-N\">Hewlett-Packard Co (HPQ-N)<\/a> -3.57%<br \/>\n&#x1f426; <a href=\"https:\/\/stockchase.com\/company\/view\/4686\/TWTR-N\">Twitter, Inc (TWTR-N)<\/a> -3.75%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -1.6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets were choppy Friday, no surprise this week, and ended on a mixed note with the TSX up 0.18% after flirting with new highs, the S&amp;P -0.26% (down 1.2% for the week), the Nasdaq -1.34% (-5.2% for the week) and [&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-272855","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\/272855","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=272855"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/272855\/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=272855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=272855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=272855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}