{"id":342343,"date":"2024-10-18T17:40:55","date_gmt":"2024-10-18T21:40:55","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342343"},"modified":"2024-10-18T17:40:58","modified_gmt":"2024-10-18T21:40:58","slug":"earnings-lift-stocks-to-new-highs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/earnings-lift-stocks-to-new-highs\/","title":{"rendered":"Earnings lift stocks to new highs"},"content":{"rendered":"\n<p>A choppy, but record-breaking weak ended with a rally after strong U.S. earnings raised sentiment on both Wall and Bay streets. The S&amp;P set a new record on Friday, closing up 0.36% to 5,826 while the Nasdaq climbed 0.61% and the Dow advanced 19 points but established a new high at 43,258. The American indices gained 0.8-0.9% for the week. <\/p>\n\n\n\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/2191\/NFLX-Q\">Netflix<\/a> beat and shares jumped 11.18%, while <a href=\"https:\/\/stockchase.com\/company\/view\/3696\/ISRG-Q\">Intuitive Surgical<\/a> also beat and its shares popped 10.17%. Meanwhile, an activist disclosure sent <a href=\"https:\/\/stockchase.com\/company\/view\/7269\/LW-N\">Lamb Weston<\/a> surging 11.11%, though <a href=\"https:\/\/stockchase.com\/company\/view\/336\/CVS-N\">CVS<\/a> issued a disappointing report and change of CEO and closed -5.43%. <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> rose 1.24% to an all-time high. The U.S. 10-year yield inched down to 4.075% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> jumped nearly 2.5% to US$68,625.<\/p>\n\n\n\n<p>The TSX set yet another record high after it rallied Friday by 0.51% to 24,815. The index gained over 2% for the week. Most sectors rallied, led by a strong performance in materials while energy was among the few laggards. Major movers: <a href=\"https:\/\/stockchase.com\/company\/view\/626\/IMG-T\">Iamgold<\/a> 16.57%, <a href=\"https:\/\/stockchase.com\/company\/view\/4600\/AG-N\">First Majestic Silver<\/a> 15.33%, <a href=\"https:\/\/stockchase.com\/company\/view\/5579\/CXB-X\">Calibre Mining<\/a> -3.94%, <a href=\"https:\/\/stockchase.com\/company\/view\/931\/PAAS-T\">Pan American Silver<\/a> 10.53%, and <a href=\"https:\/\/stockchase.com\/company\/view\/130\/BBDB-T\">Bombardier<\/a> -3.86%. Gold climbed US$26 to shatter US$2,700 and settle around US$2,718. Meanwhile, news of the Hamas leader being killed pressured WTI crude by 1.85% down to US$69.35.<\/p>\n\n\n\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/company\/view\/2191\/NFLX-Q\">Netflix Inc.\u00a0(NFLX-Q)<\/a> +11.18%<\/p>\n\n\n\n<p>&#x1f9eb; <a href=\"https:\/\/stockchase.com\/company\/view\/3696\/ISRG-Q\">Intuitive Surgical Inc.\u00a0(ISRG-Q)<\/a> +10.17%<\/p>\n\n\n\n<p>&#x1f36d; <a href=\"https:\/\/stockchase.com\/company\/view\/7269\/LW-N\">Lamb Weston\u00a0(LW-N)<\/a> +11.11%<\/p>\n\n\n\n<p>&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/336\/CVS-N\">CVS Health Corp\u00a0(CVS-N)<\/a> -5.43%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple Inc\u00a0(AAPL-Q)<\/a> +1.24%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +2.5%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/626\/IMG-T\">Iamgold Corp\u00a0(IMG-T)<\/a> +16.57%<\/p>\n\n\n\n<p>&#x1f948; <a href=\"https:\/\/stockchase.com\/company\/view\/4600\/AG-N\">First Majestic Silver\u00a0(AG-N)<\/a> +15.33%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/5579\/CXB-X\">Calibre Mining Corp.\u00a0(CXB-X)<\/a> -3.94%<\/p>\n\n\n\n<p>&#x1f948; <a href=\"https:\/\/stockchase.com\/company\/view\/931\/PAAS-T\">Pan American Silver\u00a0(PAAS-T)<\/a> +10.53%<\/p>\n\n\n\n<p>&#x1f6e9; <a href=\"https:\/\/stockchase.com\/company\/view\/130\/BBDB-T\">Bombardier Inc (B)\u00a0(BBD.B-T)<\/a> -3.86%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A choppy, but record-breaking weak ended with a rally after strong U.S. earnings raised sentiment on both Wall and Bay streets. The S&amp;P set a new record on Friday, closing up 0.36% to 5,826 while the Nasdaq climbed 0.61% and [&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-342343","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\/342343","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=342343"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342343\/revisions"}],"predecessor-version":[{"id":342346,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342343\/revisions\/342346"}],"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=342343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}