{"id":282535,"date":"2022-06-17T21:03:52","date_gmt":"2022-06-18T01:03:52","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=282535"},"modified":"2022-06-17T21:03:52","modified_gmt":"2022-06-18T01:03:52","slug":"a-mixed-friday-ends-a-choppy-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/a-mixed-friday-ends-a-choppy-week\/","title":{"rendered":"A mixed Friday ends a choppy week"},"content":{"rendered":"

Volatility reigned yet again as markets closed the week decidedly mixed. The S&P closed Friday up 0.21% and Nasdaq modestly rebounded by 1.43%, but the Dow finished -0.14% and the TSX -0.39% as oil prices slid on recession fears. For the week, the S&P was -5.79%, the Dow -4.79%, the Nasdaq -4.77 % and the TSX -6.6%. All this despite–and triggered by–the U.S. Fed hiking interest rates by 75 basis points this week. The U.S. 10-year retreated to 3.23%, Bitcoin<\/a> lost another 2% to settle around $22,500 while WTI crude tanked nearly 6% below $110 and WCS below $90.<\/p>\n

Major gainers in Toronto: Lightspeed<\/a> up 7.05%, Aurora Cannabis<\/a> 6.88%, and Ballard Power<\/a> 6.34%. Losers were Vermilion Energy<\/a> -8.59%, Birchcliff<\/a> -7.39%, Meg<\/a> -7.12% and Suncor<\/a> -6.17%.<\/p>\n

On Wall Street, Amazon<\/a> gained 1.86% while travel names recovered some ground including Carnival<\/a> up 9.49%, Norwegian Cruise Line<\/a> 9.68% and American Airlines<\/a> 6.33%. In contrast, Exxon<\/a> closed -5.12% and Devon Energy<\/a> -8.47%. Energy was the weakest sector by far on both sides of the border on recession fears.<\/p>\n

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -2%
\n💾 Lightspeed Commerce Inc (LSPD-T)<\/a> +7.05%
\n🌿 Aurora Cannabis (ACB-T)<\/a> +6.88%
\n🔋 Ballard Power Systems (BLDP-T)<\/a> +6.34%
\n🛢 Vermilion Energy Inc (VET-T)<\/a> -8.59%
\n🛢 Birchcliff Energy Ltd. (BIR-T)<\/a> -7.39%
\n🛢 MEG Energy Corp (MEG-T)<\/a> -7.12%
\n🛢 Suncor Energy Inc (SU-T)<\/a> -6.17%
\n📦 Amazon.com (AMZN-Q)<\/a> +1.86%
\n🚢 Carnival Corp. (CCL-N)<\/a> +9.49%
\n🚢 Norwegian Cruise Line Holdings (NCLH-N)<\/a> +9.68%
\n🛫 American Airlines Group (AAL-Q)<\/a> +6.33%
\n🛢 Exxon Mobil (XOM-N)<\/a> -5.12%
\n🛢 Devon Energy Corp (DVN-N)<\/a> -8.47%<\/p>\n","protected":false},"excerpt":{"rendered":"

Volatility reigned yet again as markets closed the week decidedly mixed. The S&P closed Friday up 0.21% and Nasdaq modestly rebounded by 1.43%, but the Dow finished -0.14% and the TSX -0.39% as oil prices slid on recession fears. For […]<\/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-282535","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\/282535","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=282535"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/282535\/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=282535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=282535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=282535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}