{"id":340102,"date":"2023-10-28T07:56:45","date_gmt":"2023-10-28T11:56:45","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=340102"},"modified":"2023-10-28T07:56:49","modified_gmt":"2023-10-28T11:56:49","slug":"tech-leads-mixed-earnings-to-end-down-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tech-leads-mixed-earnings-to-end-down-week\/","title":{"rendered":"Tech leads mixed earnings to end down week"},"content":{"rendered":"\n<p>In the heart of American earnings season, tech ruled on Friday with <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> leaping 6.82% and <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> 9.1%. Their rallies helped lift the Nasdaq by 0.38% for the session, but the index was still down by 2.6% for the week. The S&amp;P closed -0.48% though stayed above 4,100, and the Dow -1.12% on Friday. The S&amp;P sank over 2% for the week and the Dow less than 2%. The latest U.S. inflation numbers met expectations, which offered some good news, but fears remain that the U.S. Fed will raise rates next week. Elsewhere, <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> tanked 12.42% and <a href=\"https:\/\/stockchase.com\/CVX-N\">Chevron<\/a> skidded about 6% after reporting. The U.S. 10-year yield held around 4.837% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> sank 1.3% to $33,700.<\/p>\n\n\n\n<p>In contrast, the Canadian marked fared better, down 1.6% for the week, though shed 0.83% on Friday. All sectors except materials lost ground, especially staples, financials and discretionary. Key movers were <a href=\"https:\/\/stockchase.com\/RY-T\">Royal Bank<\/a> at -1.58% as the most-traded stock, <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham<\/a> up 7.11%, <a href=\"https:\/\/stockchase.com\/BIP.UN-T\">Brookfield Infrastructure Partners <\/a>-4.82% and <a href=\"https:\/\/stockchase.com\/ELD-T\">Eldorado Gold<\/a> 9.36%. WTI regained 2.3% to trade over $85.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the heart of American earnings season, tech ruled on Friday with Amazon leaping 6.82% and Intel 9.1%. Their rallies helped lift the Nasdaq by 0.38% for the session, but the index was still down by 2.6% for the week. [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":170380,"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-340102","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\/340102","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=340102"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/170380"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=340102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=340102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=340102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}