{"id":341620,"date":"2024-06-14T17:23:02","date_gmt":"2024-06-14T21:23:02","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341620"},"modified":"2024-06-14T17:23:06","modified_gmt":"2024-06-14T21:23:06","slug":"wall-street-ends-winning-streak","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/wall-street-ends-winning-streak\/","title":{"rendered":"Wall Street ends winning streak"},"content":{"rendered":"\n

Friday saw the Nasdaq holding its record high, but failing to advance while the S&P slipped 0.16% from its own high. For the week, however, these indices gained 3.25% and 1.58% respectively, driven by AI stocks. In fact, Adobe<\/a> delivered top and bottom line beats and offered a upbeat forecast, driven by its artificial intelligence business. Shares soared 14.49% after plunging the previous quarter. Elsewhere, Hasbro<\/a> rallied 5.99% and juggernaut Nvidia<\/a> advanced another 1.71%. However, Norwegian Cruise Line<\/a> finished -7.37% and Tesla<\/a> -2.33% though shareholders elected to give Elon Musk a payday. The Dow slipped 0.28% on Friday and 0.54% over the week. The U.S. 10-year yield declined to 4.211% and Bitcoin<\/a> sank 1.75% to US$65,500.<\/p>\n\n\n\n

The TSX extended losses by 0.47% on Friday and slid 1.67% for the week. Only tech rallied and staples led all other sectors down. Shopify<\/a> added 4.56%, but BCE<\/a> closed -2.19%, BlackBerry<\/a> -6.92%, Ballard Power<\/a> -4.57% and Alimentation Couche-Tard<\/a> -3.78%. Gold retreated US$21 to US$2,300 as WTI held at US$78 a barrel. Gold climbed US$28 to US$2,332, while WTI held at US$78.55 a barrel.<\/p>\n\n\n\n

💾 Adobe Systems\u00a0(ADBE-Q) +14.49%<\/p>\n\n\n\n

🧩 Hasbro Inc\u00a0(HAS-Q)<\/a> +5.99%<\/p>\n\n\n\n

💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +1.71%<\/p>\n\n\n\n

🚢 Norwegian Cruise Line Holdings\u00a0(NCLH-N)<\/a> -7.37%<\/p>\n\n\n\n

🚗 Tesla Inc\u00a0(TSLA-Q)<\/a> -2.33%<\/p>\n\n\n\n

🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1.75%<\/p>\n\n\n\n

🛍 Shopify Inc.\u00a0(SHOP-T)<\/a> +4.56%<\/p>\n\n\n\n

📱 BCE Inc.\u00a0(BCE-T)<\/a> -2.19%<\/p>\n\n\n\n

📱 BlackBerry\u00a0(BB-T)<\/a> -6.92%<\/p>\n\n\n\n

🧬 Ballard Power Systems\u00a0(BLDP-T)<\/a> -4.57%<\/p>\n\n\n\n

🍱 Alimentation Couche-Tard\u00a0(ATD-T)<\/a> -3.78%<\/p>\n","protected":false},"excerpt":{"rendered":"

Friday saw the Nasdaq holding its record high, but failing to advance while the S&P slipped 0.16% from its own high. For the week, however, these indices gained 3.25% and 1.58% respectively, driven by AI stocks. In fact, Adobe delivered […]<\/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-341620","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\/341620","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=341620"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341620\/revisions"}],"predecessor-version":[{"id":341624,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341620\/revisions\/341624"}],"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=341620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}