{"id":341037,"date":"2024-03-01T17:27:43","date_gmt":"2024-03-01T22:27:43","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341037"},"modified":"2024-03-01T17:27:46","modified_gmt":"2024-03-01T22:27:46","slug":"record-highs-cap-february","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/record-highs-cap-february\/","title":{"rendered":"Record highs cap February"},"content":{"rendered":"\n<p>The trading week and month ended on a Friday rally that saw the Nasdaq and S&amp;P make record highs and the TSX approach its peak. Once again, AI-led tech stocks fueled the Friday rally as the Nasdaq rose 1.13% to 16,273 and advance over 4% for the month. The S&amp;P climbed 0.81% on Friday and 3.6% in February as it reached 5,137. The Dow added 0.26% during the session and 1.12% in the month. <\/p>\n\n\n\n<p>Notable names were <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> popping 5.03%, <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta<\/a> adding 2.48% to make its own new high, and <a href=\"https:\/\/stockchase.com\/company\/view\/1338\/WDC-Q\">Western Digital<\/a> up 8.12%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/1816\/NYCB-N\">New York Community Bancorp<\/a> tanked nearly 26% after reporting concerns over &#8220;internal controls&#8221; which revived calls for more government oversight over regional American banks. Meanwhile, the U.S. 10-year yield declined to 4.186% as and <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> added another 2.75% to $62,800.<\/p>\n\n\n\n<p>The TSX rallied 0.86% on Friday and gained 2.05% for the month. Nearly all sectors rose, led by materials, energy and tech while discretionary lagged. The most-traded names were <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> up 1.65% and <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> at 3.34%. <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley<\/a> climbed 3.87%, <a href=\"https:\/\/stockchase.com\/company\/view\/1132\/ATRL-T\">SNC-Lavalin<\/a> 11.36% and <a href=\"https:\/\/stockchase.com\/company\/view\/3673\/PXT-T\">Parex Resources<\/a> -6.39%. WTI crude rose about 2% to nearly $80 a barrel.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> +5.03%<\/p>\n\n\n\n<p>&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta Platforms Inc \/ Facebook\u00a0(META-Q)<\/a> +2.48%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/1338\/WDC-Q\">Western Digital\u00a0(WDC-Q)<\/a> +8.12%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1816\/NYCB-N\">New York Community Bankcor Inc.\u00a0(NYCB-N)<\/a> -26%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +2.75%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc\u00a0(SU-T)<\/a> +1.65%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> +3.34%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley Energy\u00a0(TVE-T)<\/a> +3.87%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1132\/ATRL-T\">SNC-Lavalin Group Inc.\u00a0(ATRL-T)<\/a> +11.36%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3673\/PXT-T\">Parex Resources Inc.\u00a0(PXT-T)<\/a> -6.39%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The trading week and month ended on a Friday rally that saw the Nasdaq and S&amp;P make record highs and the TSX approach its peak. Once again, AI-led tech stocks fueled the Friday rally as the Nasdaq rose 1.13% to [&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-341037","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\/341037","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=341037"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341037\/revisions"}],"predecessor-version":[{"id":341041,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341037\/revisions\/341041"}],"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=341037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}