Soft jobs numbers in both Canada and the U.S. fueled Friday’s rally which lifted markets to its strongest week so far in 2023. The TSX rose 5.5% for the week and 1.11% for the session, though remained below 20,000. Nearly every sector gained, led by real estate and materials, while energy lagged. <\/p>\n\n\n\n
Earnings continued to shape some names, such as Jamieson Wellness<\/a> which soared 13.26% on a strong beat. Brookfield Business Partners<\/a> jumped 11.19%, First Quantum Minerals<\/a> regained 11.07% after its recent plunge, and Savaria<\/a> popped 8.45% also after reporting. However, Baytex<\/a> sank 2.73% as WTI slipped 1% to $34,500.<\/p>\n\n\n\n Wall Street saw green as the S&P rallied 1%, the Nasdaq 1.41%, and the Dow 0.72% to return to 34,000. The main indeces gained 5-6% for the week, particularly the Nasdaq. Earnings were also crucial here. Apple<\/a> beat most of its numbers, but issued weaker guidance. Yet, in today’s rally it declined only 0.63%. Meanwhile, Expedia<\/a> soared 18.91% on a beat, Paramount Global<\/a> 15.1%, Moderna<\/a> 9.41% and Caesars<\/a> 9.3%. However, Fortinet<\/a> reported a miss and sank 12.69%. The U.S. 10-year yield continued to decline, falling to 5.574% while Bitcoin<\/a> slipped 1% to $34,500. In a quick decision Thursday night, Sam Bankman-Fried was found guilty on all counts in his criminal trial, a year after his fraudulent FTX sank the crypto market.<\/p>\n\n\n\n 💊 Jamieson Wellness (JWEL-T)<\/a> +13.26%<\/p>\n\n\n\n 🏛 Brookfield Business Partners LP (BBU.UN-T)<\/a> +11.19%<\/p>\n\n\n\n ⛏ First Quantum Minerals (FM-T)<\/a> +11.07%<\/p>\n\n\n\n 🛍 Savaria Corp (SIS-T)<\/a> +8.45%<\/p>\n\n\n\n 🛢 Baytex Energy Corp (BTE-T)<\/a> -2.73%<\/p>\n\n\n\n 🍎 Apple Inc (AAPL-Q)<\/a> -0.63%<\/p>\n\n\n\n ✈ Expedia (EXPE-Q)<\/a> +18.91%<\/p>\n\n\n\n 🎞 Paramount Global (PARA-Q)<\/a> +15.1%<\/p>\n\n\n\n 💉 Moderna (MRNA-Q)<\/a> +9.41%<\/p>\n\n\n\n ♠ Caesars Entertainment (CZR-Q)<\/a> +9.3%<\/p>\n\n\n\n