{"id":342421,"date":"2024-11-01T17:58:25","date_gmt":"2024-11-01T21:58:25","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342421"},"modified":"2024-11-01T17:58:28","modified_gmt":"2024-11-01T21:58:28","slug":"amazon-leads-bounce","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/amazon-leads-bounce\/","title":{"rendered":"Amazon leads bounce"},"content":{"rendered":"\n

Stocks recovered some of Thursday’s losses after Amazon<\/a> reported a robust quarter and forecast. The tech giant rallied 6.1% and helped lift the Nasdaq by 0.69%, though the index shed 1.5% for the week. Meanwhile, the S&P advanced 0.35% on Friday, but was -1.35% for the week, while the Dow rose 0.63% and -0.15% for the week. On Bay Street, the TSX advanced 0.45% but came in -0.85% for the week.<\/p>\n\n\n\n

The good news overshadowed a weak jobs report from the U.S., due in part to two major hurricanes this fall. Other major movers on Wall Street: Intel<\/a> 7.37%, Nvidia<\/a> 1.81%, Charter Communications<\/a> 11.75%, and Super Micro Computer<\/a> -10% to cap a brutal week. Meanwhile, the U.S. 10-year yield jumped to 4.369% while Bitcoin<\/a> slipped 1.1% to US$69,200. Next week, Fed chair Jay Powell is widely expected to cut the key lending rate by 25 basis points. In Toronto, Air Canada<\/a> soared 13.99%, MDA<\/a> 10.38%, Fairfax Financial<\/a> 9.12%, Baytex<\/a> 4.07% and Energy Fuels<\/a> -7.49%. Gold continued its record run by adding US$9 to US$2,734 while WTI climbed 0.3% to US$69.50.<\/p>\n\n\n\n

📦 Amazon.com, Inc.\u00a0(AMZN-Q)<\/a> +6.1%<\/p>\n\n\n\n

💾 Intel\u00a0(INTC-Q)<\/a> +7.37%<\/p>\n\n\n\n

💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +1.81%<\/p>\n\n\n\n

📡 Charter Communications\u00a0(CHTR-Q)<\/a> +11.75%<\/p>\n\n\n\n

💾 Super Micro Computer\u00a0(SMCI-Q)<\/a> -10%<\/p>\n\n\n\n

🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1.1%<\/p>\n\n\n\n

🛫 Air Canada\u00a0(AC-T)<\/a> +13.99%<\/p>\n\n\n\n

🛢 Baytex Energy Corp\u00a0(BTE-T)<\/a> +4.07%<\/p>\n\n\n\n

⛏ Energy Fuels Inc.\u00a0(EFR-T)<\/a> -7.49%<\/p>\n\n\n\n

🧬 MDA Ltd.\u00a0(MDA-T)<\/a> +10.38%<\/p>\n\n\n\n

🏛 Fairfax Financial\u00a0(FFH-T)<\/a> +9.12%<\/p>\n","protected":false},"excerpt":{"rendered":"

Stocks recovered some of Thursday’s losses after Amazon reported a robust quarter and forecast. The tech giant rallied 6.1% and helped lift the Nasdaq by 0.69%, though the index shed 1.5% for the week. Meanwhile, the S&P advanced 0.35% on […]<\/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-342421","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\/342421","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=342421"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342421\/revisions"}],"predecessor-version":[{"id":342424,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342421\/revisions\/342424"}],"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=342421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}