{"id":327794,"date":"2023-06-09T17:03:16","date_gmt":"2023-06-09T21:03:16","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=327794"},"modified":"2023-06-09T17:03:16","modified_gmt":"2023-06-09T21:03:16","slug":"sp-enters-bull-market","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/sp-enters-bull-market\/","title":{"rendered":"S&#038;P enters bull market"},"content":{"rendered":"<p>The week ended differently on Wall and Bay streets. The TSX shed 0.77% for the week including 0.25% on Friday as most sectors were in the red, namely staples and industrials.<\/p>\n<p>Tech was a rare gainer as <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> rallied 3.42%. Elsewhere, <a href=\"https:\/\/stockchase.com\/ONEX-T\">Onex<\/a> advanced 4.7% while <a href=\"https:\/\/stockchase.com\/SAP-T\">Saputo<\/a> plunged 11.17% and <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> sank 4.91%. WTI declined 1.35 to trade above $70.<\/p>\n<p>The ongoing surge in AI stocks helped lift American indices. Nasdaq rose 0.16% both on Friday and for the week as <a href=\"https:\/\/stockchase.com\/ADBE-Q\">Adobe<\/a> popped 3.41% on\u00a0 upgrades to reach new 52-week highs, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> rose 4.06% and <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> added 3.2%. However, <a href=\"https:\/\/stockchase.com\/DISH-Q\">Dish Network<\/a> sank 11.84%. The S&amp;P rose 0.11% to enter a bull market after scaling 20% since last October&#8217;s lows. The Dow rose 0.13% Friday and 0.31% for the week. The U.S. 10-year yield was 3.743% while Bitcoin held steady around $26,500. All eyes are on the Fed next week.<\/p>\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +3.42%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/ONEX-T\">Onex Corp (ONEX-T)<\/a> +4.7%<br \/>\n&#x1f96b; <a href=\"https:\/\/stockchase.com\/SAP-T\">Saputo Inc. (SAP-T)<\/a> -11.17%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> -4.91%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/ADBE-Q\">Adobe Systems (ADBE-Q)<\/a> +3.41%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> +4.06%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> +3.2%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/DISH-Q\">DISH Network Corporation (DISH-Q)<\/a> -11.84%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week ended differently on Wall and Bay streets. The TSX shed 0.77% for the week including 0.25% on Friday as most sectors were in the red, namely staples and industrials. Tech was a rare gainer as Shopify rallied 3.42%. [&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-327794","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\/327794","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=327794"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/327794\/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=327794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=327794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=327794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}