{"id":300386,"date":"2022-11-04T20:04:50","date_gmt":"2022-11-05T00:04:50","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=300386"},"modified":"2022-11-04T20:11:23","modified_gmt":"2022-11-05T00:11:23","slug":"stocks-rally-to-end-rocky-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-rally-to-end-rocky-week\/","title":{"rendered":"Stocks rally to end rocky week"},"content":{"rendered":"<p>The TSX advanced 1% on Friday and closed the week a few points higher while the American indices rallied 1.3% to offset losses for the week. The Nasdaq shed 6% over the past five sessions while the S&amp;P slid nearly 3%. In Toronto, most of the sectors were positive Friday, led by materials and financials, while info tech suffered losses.<\/p>\n<p>Gold names shone: <a href=\"https:\/\/stockchase.com\/YRI-T\">Yamana<\/a> and <a href=\"https:\/\/stockchase.com\/EQX-T\">Equinox<\/a> soared 18%, <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick<\/a> rallied 6.4% and <a href=\"https:\/\/stockchase.com\/HBM-T\">Hudbay Minerals<\/a> jumped 16.18%. On the flipside, <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex<\/a> closed -2.55% and <a href=\"https:\/\/stockchase.com\/PXT-T\">Parex Resources<\/a> -7.%. WTI crude surged 5% to $92.50.<\/p>\n<p>On Wall Street, materials were especially strong. Major movers here included <a href=\"https:\/\/stockchase.com\/NKE-N\">Nike<\/a>, jumping nearly 6%, and <a href=\"https:\/\/stockchase.com\/SBUX-Q\">Starbucks<\/a> delivering a 8.48% gain. However, <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery<\/a> sank 12.87%, <a href=\"https:\/\/stockchase.com\/CRWD-Q\">Crowdstrike<\/a> slid 9.87% and <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> sank 3.84% as its controversial CEO, Elon Musk, now faces a class-action lawsuit by fired employees of his new acquisition, Twitter. Elsewhere, the U.S. 10-year climbed to 4.175% and <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> rose 4% to nearly $21,000.<\/p>\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/YRI-T\">Yamana Gold Inc. (YRI-T)<\/a> +18%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/EQX-T\">Equinox Gold (EQX-T)<\/a> +18%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold (ABX-T)<\/a> +6.4%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/HBM-T\">Hudbay Minerals Inc. (HBM-T)<\/a> +16.18%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> -2.55%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/PXT-T\">Parex Resources Inc. (PXT-T)<\/a> -7%<br \/>\n&#x1f45f; <a href=\"https:\/\/stockchase.com\/NKE-N\">Nike Inc (NKE-N)<\/a> +6%<br \/>\n&#x2615; <a href=\"https:\/\/stockchase.com\/SBUX-Q\">Starbucks (SBUX-Q)<\/a> +8.48%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery (WBD-Q)<\/a> -12.87%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/CRWD-Q\">CrowdStrike Holdings (CRWD-Q)<\/a> -9.87%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> -3.84%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +4%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TSX advanced 1% on Friday and closed the week a few points higher while the American indices rallied 1.3% to offset losses for the week. The Nasdaq shed 6% over the past five sessions while the S&amp;P slid nearly [&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-300386","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\/300386","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=300386"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/300386\/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=300386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=300386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=300386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}