{"id":298391,"date":"2022-10-21T17:29:15","date_gmt":"2022-10-21T21:29:15","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=298391"},"modified":"2022-10-24T12:40:34","modified_gmt":"2022-10-24T16:40:34","slug":"fed-comments-and-earnings-end-week-in-green","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/fed-comments-and-earnings-end-week-in-green\/","title":{"rendered":"Fed comments and earnings end week in green"},"content":{"rendered":"<p>On Friday, comments by San Francisco&#8217;s U.S. Federal Bank chair about slowing down interest rate hikes to avoid recession helped push stocks higher. Meanwhile, earnings continued to be better than expected. The S&amp;P rose 2.37% for the session session and nearly 3% for the week, the Nasdaq added 2.31% on Friday and 2.69% for the week, and the Dow rallied 2.47% for the day and nearly 5% for the week. Nearly all sectors and components were in the green.<\/p>\n<p>Big movers included <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> up 2.79%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> 3.29%, <a href=\"https:\/\/stockchase.com\/SLB-N\">Schlumberger<\/a> 10.33% and <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport-McMoRan<\/a> jumping 10%. The U.S. 10-year yield halted its climb to hover around 4.223% as <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> added 0.85% to trade around $19,200.<\/p>\n<p>The rally was less intense on Bay Street, but the TSX still advanced 1.48% for the day and 1.57% for the week. All sectors were in the green, led by consumer staples. <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> retreated nearly 1% as the most-traded name, <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> rallied 3.55% while <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> soared 11.52%. WTI rose 0.8% to $85. All eyes will be on the American megacap names next week when they report.<\/p>\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple (AAPL-Q)<\/a> +2.79%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> +3.29%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SLB-N\">Schlumberger Ltd. (SLB-N)<\/a> +10.33%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport McMoran Copper &amp; Gold (FCX-N)<\/a> +10%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +0.85%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -1%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU-T)<\/a> +3.55%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals (FM-T)<\/a> +11.52%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday, comments by San Francisco&#8217;s U.S. Federal Bank chair about slowing down interest rate hikes to avoid recession helped push stocks higher. Meanwhile, earnings continued to be better than expected. The S&amp;P rose 2.37% for the session session 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-298391","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\/298391","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=298391"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/298391\/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=298391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=298391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=298391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}