{"id":341704,"date":"2024-06-28T16:35:00","date_gmt":"2024-06-28T20:35:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341704"},"modified":"2024-06-28T22:43:21","modified_gmt":"2024-06-29T02:43:21","slug":"friday-fade-strong-half-year","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/friday-fade-strong-half-year\/","title":{"rendered":"Friday fade, strong half year"},"content":{"rendered":"\n<p>The end of June means reports cards, and here is how the major indices performed in the first half of 2024: the TSX 4.5%, the S&amp;P 14.5%, the Nasdaq 18% and the Dow nearly 4%. The biggest gains, of course were made in AI. For the Friday session, though, there was a tug of war that ended with weakness. All the indices finished in the red with the Nasdaq closing the weakest at -0.71%, the Dow the strongest at -0.12% and the TSX in the middle at -0.3%.<\/p>\n\n\n\n<p>In Toronto, only real estate and two sectors gained while staples and materials led the laggards. Winners included <a href=\"https:\/\/stockchase.com\/KXS-T\">Kinaxis<\/a> at 4.41% and Aritzia, while the losers counted <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy<\/a> at -1.78%, <a href=\"https:\/\/stockchase.com\/POW-T\">Power Corp.<\/a> -1.66% and <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> -7.23%. WTI slipped 0.28% to US$18.50.<\/p>\n\n\n\n<p>In New York, gainers included <a href=\"https:\/\/stockchase.com\/UNH-N\">UnitedHealth<\/a> up 4.69% and <a href=\"https:\/\/stockchase.com\/CMCSA-Q\">Comcast<\/a> 2.3%, while the losers included <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> at -2.32% and <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> -7.98%. Making headlines, though, was <a href=\"https:\/\/stockchase.com\/NKE-N\">Nike<\/a> which tanked nearly 20% after reporting weak numbers and guidance. The U.S. 10-year crept up to 4.384% as <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> sank 2.44% to US$60,200.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/KXS-T\">Kinaxis Inc\u00a0(KXS-T)<\/a> +4.41%<\/p>\n\n\n\n<p>&#x1f6e2;<a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy\u00a0(TRP-T)<\/a> -1.78%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/POW-T\">Power Corp\u00a0(POW-T)<\/a> -1.66%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals\u00a0(FM-T)<\/a> -7.23%<\/p>\n\n\n\n<p>&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/UNH-N\">UnitedHealth Group Inc\u00a0(UNH-N)<\/a> +4.69%<\/p>\n\n\n\n<p>&#x1f4e1; <a href=\"https:\/\/stockchase.com\/CMCSA-Q\">Comcast Corp\u00a0(CMCSA-Q)<\/a> +2.3%<\/p>\n\n\n\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc.\u00a0(AMZN-Q)<\/a> -2.32%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> -7.98%<\/p>\n\n\n\n<p>&#x1f45f; <a href=\"https:\/\/stockchase.com\/NKE-N\">Nike Inc\u00a0(NKE-N)<\/a> -20%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -2.44%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The end of June means reports cards, and here is how the major indices performed in the first half of 2024: the TSX 4.5%, the S&amp;P 14.5%, the Nasdaq 18% and the Dow nearly 4%. The biggest gains, of course [&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-341704","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\/341704","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=341704"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341704\/revisions"}],"predecessor-version":[{"id":341710,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341704\/revisions\/341710"}],"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=341704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}