{"id":326138,"date":"2023-05-26T17:46:22","date_gmt":"2023-05-26T21:46:22","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=326138"},"modified":"2023-05-26T17:46:22","modified_gmt":"2023-05-26T21:46:22","slug":"semis-lift-wall-street-banks-drag-bay-street","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/semis-lift-wall-street-banks-drag-bay-street\/","title":{"rendered":"Semis lift Wall Street, banks drag Bay Street"},"content":{"rendered":"<p>The week ended with stocks rallying across the board, resulting in gains for the week on American markets, but weren&#8217;t enough to save the Canadian one. Nvidia&#8217;s blockbuster report continued to fuel the boom in semis and tech stocks.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> jumped 5.54% on Friday as <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel<\/a> gained 5.78%. <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> rose 4.85% as the most-traded stock, and <a href=\"https:\/\/stockchase.com\/company\/view\/5082\/AVGO-Q\">Broadcom<\/a> leapt 11.55%. The S&amp;P gained 1.3% Friday and 0.35% for the week, the Nasdaq 2.19% for the session and as much for the week, and the Dow advanced 1% Friday but declined 1% for the week. The U.S. 10-year yield held at 3.81% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> rose 1.2% to nearly $27,000.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/338\/CWB-T\">Canadian Western Bank<\/a> was the latest bank to report and investors sold it off by 5.86%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife<\/a> added 1.35% in heavy trading, <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> 0.86%, and <a href=\"https:\/\/stockchase.com\/company\/view\/2483\/CS-T\">Capstone Copper<\/a> 4.45%. The TSX advanced 0.76% Friday but lost over 2% over the week, dragged down by disappointing reports from the big banks.<\/p>\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> +5.54%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel (INTC-Q)<\/a> +5.78%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> +4.85%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/5082\/AVGO-Q\">Broadcom (AVGO-Q)<\/a> +11.55%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +1.2%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/338\/CWB-T\">Canadian Western Bank (CWB-T)<\/a> -5.86%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife Financial (MFC-T)<\/a> +1.35%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs (CNQ-T)<\/a> +0.86%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/2483\/CS-T\">Capstone Copper Corp (CS-T)<\/a> +4.45%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week ended with stocks rallying across the board, resulting in gains for the week on American markets, but weren&#8217;t enough to save the Canadian one. Nvidia&#8217;s blockbuster report continued to fuel the boom in semis and tech stocks. AMD [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","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-326138","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\/326138","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=326138"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/326138\/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=326138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=326138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=326138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}