{"id":334726,"date":"2023-08-04T17:33:17","date_gmt":"2023-08-04T21:33:17","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=334726"},"modified":"2023-08-04T19:49:05","modified_gmt":"2023-08-04T23:49:05","slug":"tsx-amazon-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-amazon-rally\/","title":{"rendered":"TSX, Amazon rally"},"content":{"rendered":"<p>The TSX rebounded Friday to advance 0.57% for the session and reduce its losses for the week to 1.49%. Almost all sectors rallied, led by staples and utilities which fell the most in previous days. Tech was a rare weak spot.<\/p>\n<p>Major movers included <a href=\"https:\/\/stockchase.com\/DIR.UN-T\">Dream Industrial REIT<\/a> which added 1.2% in heavy trading, <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> up 1.43%, <a href=\"https:\/\/stockchase.com\/K-T\">Kinross<\/a> 5.06%, <a href=\"https:\/\/stockchase.com\/OTEX-T\">Open Text<\/a> -8.88% and <a href=\"https:\/\/stockchase.com\/JWEL-T\">Jamieson Wellness<\/a> -8.59%.<\/p>\n<p>Wall Street rebounded for much of Friday but faded into the close. The S&amp;P closed -0.57% to below 4,500, the Nasdaq -0.41% and the Dow -0.47% to 35,000. For the week, the indices performed -2.33%, -2.99% and -1.13% respectively. Amazon and Apple reported quarters late Thursday and dominated the markets on Friday. <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> soared 8.59% while <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> slumped 4.6%. Elsewhere, <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery<\/a> surged 7.99% while cybersecurity names <a href=\"https:\/\/stockchase.com\/PANW-N\">Palo Alto<\/a> sank 8.27% and <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet<\/a> plunged over 25%. The U.S. 10-year yield ticked down to 4.044% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> retreated 0.5% to $29,000.<\/p>\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/DIR.UN-T\">Dream Industrial REIT (DIR.UN-T)<\/a> +1.2%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU-T)<\/a> +1.43%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/K-T\">Kinross Gold (K-T)<\/a> +5.06%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/OTEX-T\">Open Text (OTEX-T)<\/a> -8.88%<br \/>\n&#x1f9eb; <a href=\"https:\/\/stockchase.com\/JWEL-T\">Jamieson Wellness (JWEL-T)<\/a> -8.59%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc. (AMZN-Q)<\/a> +8.59%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc (AAPL-Q)<\/a> -4.6%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/WBD-Q\">Warner Bros. Discovery (WBD-Q)<\/a> +7.99%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/PANW-N\">Palo Alto Networks (PANW-N)<\/a> -8.27%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet Inc (FTNT-Q)<\/a> -25%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.5%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TSX rebounded Friday to advance 0.57% for the session and reduce its losses for the week to 1.49%. Almost all sectors rallied, led by staples and utilities which fell the most in previous days. Tech was a rare weak [&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-334726","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\/334726","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=334726"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/334726\/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=334726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=334726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=334726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}