It’s been a while, but megacap tech stocks led Friday’s rally and rescued the week from days of losses. The S&P closed the session up 1.89% to nearly touch 4,000, as all 11 sectors rallied, and gained 0.3% for the week. The Nasdaq leapt 2.66% Friday and gained 2.15% for the week and settled above 11,100, while the Dow added 1% but closed -2.05% for the week.<\/p>\n
Alphabet<\/a> announced major layoffs which propelled its A class shares by 4.34% but also fueled other big tech names: Apple<\/a> rising 1.92% in heavy trading, Tesla<\/a> 4.91% and Amazon<\/a> 3.81%. Netflix<\/a> delivered a strong quarter, surprising with its subscriptions numbers, and leapt 8.46%. In contrast, Goldman Sachs<\/a> sank 2.54% after the announcement of a federal investigation into its consumer business. The U.S. 10-year yield was 3.482% while Bitcoin<\/a> soared 5.7% beyond $22,000.<\/p>\n The TSX added 0.79% Friday as well as for the week. Staples were the only negative sectors while materials and tech led the gainers. Bay Street also enjoyed a risk-on appetite as Shopify<\/a> jumped 5.6%, Dye & Durham<\/a> 5.43%, Goeasy<\/a> 5% and Interfor<\/a> 5.6%. However, Saputo<\/a> lost nearly 3%. WTI crude climbed 1.2% past $81 a barrel.<\/p>\n 🧮 Alphabet Inc. \/ Google (GOOG-Q)<\/a> +4.34% It’s been a while, but megacap tech stocks led Friday’s rally and rescued the week from days of losses. The S&P closed the session up 1.89% to nearly touch 4,000, as all 11 sectors rallied, and gained 0.3% for the […]<\/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-309952","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\/309952","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=309952"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/309952\/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=309952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=309952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=309952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🍎 Apple Inc (AAPL-Q)<\/a> +1.92%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> +4.91%
\n📦 Amazon.com (AMZN-Q)<\/a> +3.81%
\n📺 Netflix Inc. (NFLX-Q)<\/a> +8.46%
\n🏛 Goldman Sachs (GS-N)<\/a> -2.54%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +5.7%
\n🛍 Shopify Inc. (SHOP-T)<\/a> +5.6%
\n💾 Dye & Durham (DND-T)<\/a> +5.43%
\n🏛 goeasy (GSY-T)<\/a> +5%
\n🌲 Interfor Corp (IFP-T)<\/a> +5.6%
\n🍱 Saputo Inc. (SAP-T)<\/a> -3%<\/p>\n","protected":false},"excerpt":{"rendered":"