The U.S. received a Goldilocks jobs report on Friday. The number of new jobs added in May clocked in at 272,000, far higher than the expected 180,000, but the unemployment rate still ticked up from 3.9% to 4.0%. The U.S. indices faded on Friday with the S&p -0.11%, the Nasdaq -0.23% and the Dow -0.22%, but were up for the week at 1.32%, 2.4% and 0.29% respectively. <\/p>\n\n\n\n
Big gainers included Apple<\/a> up 1.24% ahead of an A.I. announcement on Monday, Intel<\/a> 1.05%, Newmont<\/a> -5.04% and Corteva<\/a> -3.68%, but stealing the headlines was meme poster child GameStop<\/a> which tanked nearly 40% to offset nosebleed gains made days earlier. Meanwhile, the U.S. 10-year yield inched up to 4.434% after declining much of the week. Bitcoin<\/a> sank 2.35% to US$69,100.<\/p>\n\n\n\n In Canada, the TSX sank 1% on prouounced losses in materials as well as real estate and energy. Only staples and one other sector advanced. The TSX managed to stay above 22,000, but sank 1.2% for the week. Saputo<\/a> jumped 6.76%, CNQ<\/a> -1.71%, Eldorado Gold<\/a> -7.42% and Iamgold<\/a> -9.54%. Gold itself declined US$85 to US$2,290 while WTI retraced 0.4% to US$75.25.<\/p>\n\n\n\n 🍎 Apple Inc\u00a0(AAPL-Q)<\/a> +1.24%<\/p>\n\n\n\n 💾 Intel\u00a0(INTC-Q)<\/a> +1.05%<\/p>\n\n\n\n 🥇 Newmont Goldcorp\u00a0(NGT-T)<\/a> -5.04%<\/p>\n\n\n\n 🌿 Corteva Inc.\u00a0(CTVA-N)<\/a> -3.68%<\/p>\n\n\n\n 🎮 GameStop Corp.\u00a0(GME-N)<\/a> -40%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -2.35%<\/p>\n\n\n\n 🍱 Saputo Inc.\u00a0(SAP-T)<\/a> +6.76%<\/p>\n\n\n\n 🛢 Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -1.71%<\/p>\n\n\n\n