It was a wild end to the week before the long Labour Day weekend. On Friday morning, the U.S. unemployment number surprised Wall Street when it rose from 3.5% to 3.7%. Optimism swept New York, since higher unemployment will temper the U.S. Fed’s interest rate hikes. All the indices rallied well above 1% until midday when the G7 announced it will cap Russian oil prices to coincide with the EU’s sanctions against Russia on December 5. American stocks took a hard turn south until the S&P and Dow both finished -1.07%, and the Nasdaq -1.31%. All major indices shed more than 1% for the week which was marked by consistent selling. Only energy was the positive sector on the S&P.<\/p>\n
Major movers: Starbucks<\/a> -3%, AMD<\/a> -2.36%, Hess<\/a> up 3.8%, Halliburton<\/a> 3.7%, Tesla<\/a> -2.66%, Apple<\/a> -1.32% and Lululemon<\/a> jumping 6.7% after a surprising Q2 earnings beat. The U.S. 10-year yield slipped to 3.2% while Bitcoin<\/a> inched 0.356% to nearly break $20,000.<\/p>\n Oil favoured Toronto stocks as WTI climbed 0.34% to $86.50. Materials helped lift the TSX, though it still sank 2.4% for the week and stayed well below 20,000 at 19,270. Notable gainers were Suncor<\/a> up 2.18%, Barrick Gold<\/a> by 2.25%, Lundin Mining<\/a> 2.8% and Crescent Point Energy<\/a> rallying 2.51%. Losers included Tilray<\/a> at -5.74%, Shopify<\/a> -3.91%, Boralex<\/a> -3.01% and Bombardier<\/a> -2.87%.<\/p>\n ☕ Starbucks (SBUX-Q)<\/a> -3% It was a wild end to the week before the long Labour Day weekend. On Friday morning, the U.S. unemployment number surprised Wall Street when it rose from 3.5% to 3.7%. Optimism swept New York, since higher unemployment will temper […]<\/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-292277","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\/292277","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=292277"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/292277\/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=292277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=292277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=292277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💾 Advanced Micro Devices (AMD-Q)<\/a> -2.36%
\n🛢 Hess Corp. (HES-N)<\/a> +3.8%
\n🛢 Halliburton Co (HAL-N)<\/a> +3.7%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -2.66%
\n🍎 Apple (AAPL-Q)<\/a> -1.32%
\n🛒 LuLulemon Athletica (US) (LULU-Q)<\/a> +6.75
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +0.356%
\n🛢 Suncor Energy Inc (SU-T)<\/a> +2.18%
\n🥇 Barrick Gold (ABX-T)<\/a> +2.25%
\n⛏ Lundin Mining Corp. (LUN-T)<\/a> +2.8%
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> +2.51%
\n🌿 Tilray Inc. (TLRY-Q)<\/a> -5.74%
\n🛍 Shopify Inc. (SHOP-T)<\/a> -3.91%
\n💡 Boralex Inc. (BLX-T)<\/a> -3.01%
\n🚂 Bombardier Inc (B) (BBD.B-T)<\/a> -2.87%<\/p>\n","protected":false},"excerpt":{"rendered":"