The trading week ended with the TSX advancing 0.46% to 21,807, but still retreating 0.4% over the week. Almost every sector rallied, led by staples, financials and utilities as technology lagged and health care was flat. <\/p>\n\n\n\n
Major movers were Osisko Mining<\/a> up 4.9% and Silvercrest Metals<\/a> at 4.5% while the most influential names were Royal Bank<\/a> up 0.79%, Enbridge<\/a> 2.79% and TD<\/a> at 1.31%. Gold inched up to US$2,388 an ounce while WTI advanced 0.6% to US$83.25.<\/p>\n\n\n\n Investors are accepting that both inflation and interest rates will decline slower than expected. Hardest hit are tech stocks as the Nasdaq sank 2.05% on Friday and over 6% over the week. The S&P shed 0.88% for the day and sank 3.5% over the week to close below 5,000. The Dow actually gained 0.56% during the session but slipped 0.23% for the week. Streamers dominated the headlines as Netflix<\/a> closed the day -9.09% after reporting a beat but offering a soft forecast, though Paramount Global<\/a> soared 13.4%. Also reporting was American Express<\/a> which jumped 6.23%. The semis were hammered as Super Micro Computers<\/a> plunged 23.14% and Intel<\/a> sank 2.4%. The U.S. 10-year yield edged down to 4.625% as Bitcoin<\/a> rose 1% to US$64,150. U.S. earnings season continues next week, highlighted by megatech.<\/p>\n\n\n\n ⛏ Osisko Mining\u00a0(OSK-T)<\/a> +4.9%<\/p>\n\n\n\n ⛏ SilverCrest Metals Inc\u00a0(SIL-T)<\/a> +4.5%<\/p>\n\n\n\n 🏛 Royal Bank\u00a0(RY-T)<\/a> +0.79%<\/p>\n\n\n\n 🛢 Enbridge\u00a0(ENB-T)<\/a> +2.79%<\/p>\n\n\n\n 🏛 Toronto Dominion\u00a0(TD-T)<\/a> +1.31%<\/p>\n\n\n\n 📺 Netflix Inc.\u00a0(NFLX-Q)<\/a> -9.09%<\/p>\n\n\n\n 🎞 Paramount Global\u00a0(PARA-Q)<\/a> +13.4%<\/p>\n\n\n\n 🏛 American Express\u00a0(AXP-N)<\/a> +6.23%<\/p>\n\n\n\n 💾 Super Micro Computer\u00a0(SMCI-Q)<\/a> -23.14%<\/p>\n\n\n\n