{"id":339918,"date":"2023-10-13T17:34:57","date_gmt":"2023-10-13T21:34:57","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=339918"},"modified":"2023-10-13T17:35:01","modified_gmt":"2023-10-13T21:35:01","slug":"weekly-gains-despite-friday-weakness","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/weekly-gains-despite-friday-weakness\/","title":{"rendered":"Weekly gains despite Friday weakness"},"content":{"rendered":"\n<p>The major indices managed to climb modestly this week despite losing ground on Friday. The session started with a rally, but slumped for much of the day as worries over inflation and interest rates nagged investors. The TSX lost 0.18% despite WTI crude popping nearly 6% to about $88 a barrel after the U.S. announced more oil sanctions against Russia. For the week, the TSX rose 1.7%. <\/p>\n\n\n\n<p>Key movers during the session included <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> up 1.91%, <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley Energy<\/a> 6.58%, <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex Energy<\/a> 4.76%, <a href=\"https:\/\/stockchase.com\/company\/view\/5283\/LAC-T\">Lithium Americas<\/a> -9.78% and <a href=\"https:\/\/stockchase.com\/company\/view\/3094\/BIP-N\">Brookfield Infrastructure<\/a> -5.58%.<\/p>\n\n\n\n<p>The S&amp;P closed -0.5% on Friday, but added 0.9% for the week, the Nasdaq -1.23% and 0.18%, and the Dow 0.12% and 0.79%. Major names on Friday were <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> at -2.99%, <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> -3.16%, <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> -2.36%, <a href=\"https:\/\/stockchase.com\/company\/view\/3661\/DG-N\">Dollar General<\/a> leaping 9.16% and <a href=\"https:\/\/stockchase.com\/company\/view\/1673\/PGR-N\">Progressive Corp<\/a> popping 8.13%. The U.S. 10-year yield was 4.623% while Bitcoin held at $26,700.<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> +1.91%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley Energy\u00a0(TVE-T)<\/a> +6.58%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex Energy Corp\u00a0(BTE-T)<\/a> +4.76%<\/p>\n\n\n\n<p>&#x26d3; <a href=\"https:\/\/stockchase.com\/company\/view\/5283\/LAC-T\">Lithium Americas Corp\u00a0(LAC-T)<\/a> -9.78%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/3094\/BIP-N\">Brookfield Infrastructure LP\u00a0(BIP-N)<\/a> -5.58%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> -2.99%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -3.16%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> -2.36%<\/p>\n\n\n\n<p>&#x1f6d2; <a href=\"https:\/\/stockchase.com\/company\/view\/3661\/DG-N\">Dollar General Corp.\u00a0(DG-N)<\/a> +9.16%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1673\/PGR-N\">Progressive Corporation\u00a0(PGR-N)<\/a> +8.13%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The major indices managed to climb modestly this week despite losing ground on Friday. The session started with a rally, but slumped for much of the day as worries over inflation and interest rates nagged investors. The TSX lost 0.18% [&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-339918","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\/339918","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=339918"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/339918\/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=339918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=339918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=339918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}