{"id":318251,"date":"2023-03-24T17:11:08","date_gmt":"2023-03-24T21:11:08","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=318251"},"modified":"2023-03-24T17:11:08","modified_gmt":"2023-03-24T21:11:08","slug":"late-friday-rally-saves-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/late-friday-rally-saves-week\/","title":{"rendered":"Late Friday rally saves week"},"content":{"rendered":"

Stocks were down most of Friday until they rallied into the close to preserve gains for the week. Investors shrugged off ongoing bank concerns to raise the TSX by 0.21%, the S&P 0.56% to nearly 4,000, the Nasdaq 0.31%, and the Dow 0.41%. For the week, the Canadian index gained 0.46%, the Nasdaq 0.31% and the S&P 1.37% and the Dow 1.15%. The ongoing fear and confusion in financials held the U.S. 10-year yield to 3.374% even the U.S. Fed hiked interest rates 0.25% this past week. Bitcoin<\/a> gave back 1.8% Friday to dip below $28,000.<\/p>\n

All but three of the TSX sectors rallied Friday, with energy being the biggest laggard as WTI declined 1.1% to $69. Utilities and staples led the gainers.<\/p>\n

Notable movers were Badger Infrastructure<\/a> leaping 6.7%, OceanaGold<\/a> adding 5.41%, Algonquin Power<\/a> up 3.48%, though Aritzia<\/a> fell 3.65% and Lightspeed<\/a> declined 3.27%. On Wall Street, Activision Blizzard<\/a> surged 5.76% Keycorp<\/a> rallied 5.24%, Intuitive Surgical<\/a> climbed 4.87% as Lam Research<\/a> sank 4.33%. Deutsche Bank was the latest bank to make the headlines and declined 3.11%.<\/p>\n

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -1.8%
\n🛢 Badger Daylighting (BDGI-T)<\/a> +6.7%
\n🥇 Oceanagold Corp (OGC-T)<\/a> +5.41%
\n💡 Algonquin Power & Utilities Corp (AQN-T)<\/a> +3.48%
\n👗 Aritzia Inc. (ATZ-T)<\/a> -3.65%
\n🏛 Lightspeed Commerce Inc (LSPD-T)<\/a> -3.27%
\n🎮 Activision Blizzard (ATVI-Q)<\/a> +5.76%
\n🏛 Keycorp (KEY-N)<\/a> +5.24%
\n🧫 Intuitive Surgical Inc. (ISRG-Q)<\/a> +4.87%
\n⚙ Lam Research Corp (LRCX-Q)<\/a> -4.33%
\n🏛 Deutsche Bank AG (DB-N)<\/a> -3.11%<\/p>\n","protected":false},"excerpt":{"rendered":"

Stocks were down most of Friday until they rallied into the close to preserve gains for the week. Investors shrugged off ongoing bank concerns to raise the TSX by 0.21%, the S&P 0.56% to nearly 4,000, the Nasdaq 0.31%, and […]<\/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-318251","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\/318251","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=318251"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/318251\/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=318251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=318251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=318251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}