{"id":341587,"date":"2024-06-10T17:37:29","date_gmt":"2024-06-10T21:37:29","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341587"},"modified":"2024-06-10T17:37:33","modified_gmt":"2024-06-10T21:37:33","slug":"new-highs-despite-modest-gains","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/new-highs-despite-modest-gains\/","title":{"rendered":"New highs despite modest gains"},"content":{"rendered":"\n<p>The Toronto and New York markets began the week inching higher, taking the S&amp;P and Nasdaq to record closes. The S&amp;P advanced 13 points, the Nasdaq 59 and the Dow 69 as markets were really in a holding pattern into the next U.S. Fed meeting on Wednesday. <\/p>\n\n\n\n<p>Major movers on Monday included <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> at -4.66%, <a href=\"https:\/\/stockchase.com\/CEG-Q\">Constellation Energy<\/a> 8.38%, <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> 1.89% and <a href=\"https:\/\/stockchase.com\/LUV-N\">Southwest Airlines<\/a> climbing 7.06%. <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> sank 2.07% after announcing its AI plans at its Worldwide Developers Conference that many felt were evolutionary rather than revolutionary. Meanwhile, the U.S. 10-year-yield edged up to 4.467% as <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> declined 0.4% to US$69,300.<\/p>\n\n\n\n<p>The TSX rose 0.25% as most sectors climbed. Materials and energy led while staples tanked. <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife<\/a> rallied 1.46%, <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus<\/a> 2.57%, <a href=\"https:\/\/stockchase.com\/ERO-N\">Ero Copper<\/a> 5.3% and <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica<\/a> 4.4%, but <a href=\"https:\/\/stockchase.com\/T-T\">Telus<\/a> slid 2.55%. Gold added US$15 to US$2,309 an ounce while WTI continued its run, surging over 3% to nearly US$78 a barrel.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> -4.66%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/CEG-Q\">Constellation Energy\u00a0(CEG-Q)<\/a> +8.38%<\/p>\n\n\n\n<p>&#x1f698; <a href=\"https:\/\/stockchase.com\/F-N\">Ford Motor\u00a0(F-N)<\/a> +1.89%<\/p>\n\n\n\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/LUV-N\">Southwest Airlines\u00a0(LUV-N)<\/a> +7.06%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc\u00a0(AAPL-Q)<\/a> -2.07%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -0.4%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife Financial\u00a0(MFC-T)<\/a> +1.46%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus Energy\u00a0(CVE-T)<\/a> +2.57%<\/p>\n\n\n\n<p>&#x1f949; <a href=\"https:\/\/stockchase.com\/ERO-N\">Ero Copper Corp\u00a0(ERO-N)<\/a> +5.3%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica Inc\u00a0(CLS-T)<\/a> +4.4%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/T-T\">Telus Corp\u00a0(T-T)<\/a> +2.55%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Toronto and New York markets began the week inching higher, taking the S&amp;P and Nasdaq to record closes. The S&amp;P advanced 13 points, the Nasdaq 59 and the Dow 69 as markets were really in a holding pattern into [&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-341587","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\/341587","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=341587"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341587\/revisions"}],"predecessor-version":[{"id":341591,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341587\/revisions\/341591"}],"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=341587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}