{"id":341748,"date":"2024-07-08T18:02:46","date_gmt":"2024-07-08T22:02:46","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341748"},"modified":"2024-07-08T18:02:50","modified_gmt":"2024-07-08T22:02:50","slug":"new-highs-despite-low-volumes","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/new-highs-despite-low-volumes\/","title":{"rendered":"New highs despite low volumes"},"content":{"rendered":"\n<p>On Monday, the S&amp;P and Nasdaq made yet more record closes despite weak volumes and modest gains. The S&amp;P added five points and the Nasdaq 0.28% for the session, while the Dow actually shed 31 points. <\/p>\n\n\n\n<p>Big semi names, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> and <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a>, were the most influential stocks, up 1.72% and 6.11% respectively. <a href=\"https:\/\/stockchase.com\/PARA-Q\">Paramount Global<\/a> closed its deal with Skydance Media, but its shares slid 5.17%, while <a href=\"https:\/\/stockchase.com\/GLW-N\">Corning<\/a> jumped nearly 12% and <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy<\/a> sank 5.25%. The U.S. 10-year yield held around 4.277% as <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> regained 0.8% to US$56,300. Tomorrow, the latest American inflation data will hit the street.<\/p>\n\n\n\n<p>The TSX rallied 0.85% as all sectors but materials gained. Consumer staples were especially strong, followed by real estate and financials. The most influential names on Bay Street were <a href=\"https:\/\/stockchase.com\/TD-T\">TD<\/a>, up 0.85%, and <a href=\"https:\/\/stockchase.com\/POW-T\">Power Corp.<\/a> up 1.68%. <a href=\"https:\/\/stockchase.com\/LUN-T\">Lundin Mining<\/a> surged 5.29%, <a href=\"https:\/\/stockchase.com\/BBU.UN-T\">Brookfield Business Partners<\/a> rose 5.01% and <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> declined 4.64%. Gold fell US$33 to US$2,358, and WTI gave back over 1% to US$82.26 a barrel.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +1.72%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel\u00a0(INTC-Q)<\/a> +6.11%<\/p>\n\n\n\n<p>&#x1f39e; <a href=\"https:\/\/stockchase.com\/PARA-Q\">Paramount Global\u00a0(PARA-Q)<\/a> -5.17%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/GLW-N\">Corning Inc\u00a0(GLW-N)<\/a> +12%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy Inc.\u00a0(ETSY-Q)<\/a> -5.25%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a>+0.8%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> +0.85%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/POW-T\">Power Corp\u00a0(POW-T)<\/a> +1.68%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/LUN-T\">Lundin Mining Corp.\u00a0(LUN-T)<\/a> +5.29%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/BBU.UN-T\">Brookfield Business Partners LP\u00a0(BBU.UN-T)<\/a> +5.01%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals\u00a0(FM-T)<\/a> -4.64%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, the S&amp;P and Nasdaq made yet more record closes despite weak volumes and modest gains. The S&amp;P added five points and the Nasdaq 0.28% for the session, while the Dow actually shed 31 points. Big semi names, Nvidia [&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-341748","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\/341748","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=341748"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341748\/revisions"}],"predecessor-version":[{"id":341753,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341748\/revisions\/341753"}],"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=341748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}