{"id":342599,"date":"2024-12-06T17:21:02","date_gmt":"2024-12-06T22:21:02","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342599"},"modified":"2024-12-06T17:21:06","modified_gmt":"2024-12-06T22:21:06","slug":"sp-and-nasdaq-hit-highs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/sp-and-nasdaq-hit-highs\/","title":{"rendered":"S&#038;P and Nasdaq hit highs"},"content":{"rendered":"\n<p>The week ended with the S&amp;P and Nasdaq modestly rallying to new highs, the former by 0.23% and the latter at 0.78%. Over the week, they gained nearly 1% and 3.3% respectively. The Dow closed Friday -0.3% and -0.6% for the week. <\/p>\n\n\n\n<p>Big movers for the session included <a href=\"https:\/\/stockchase.com\/company\/view\/2963\/LULU-Q\">Lululemon<\/a> which soared 15.84% on earnings, <a href=\"https:\/\/stockchase.com\/company\/view\/585\/HPQ-N\">Hewlett Packard<\/a> 10.99%, <a href=\"https:\/\/stockchase.com\/company\/view\/5227\/ULTA-Q\">Ulta Beauty<\/a> 8.95% and <a href=\"https:\/\/stockchase.com\/company\/view\/7441\/SMCI-Q\">Super Micro Computer<\/a> 7% while <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> was the most-active name at -1.89%. <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> crossed $101,000 after popping 2.3% while the U.S. 10-year yield held at 4.151%. Friday&#8217;s slightly higher-than-expected jobless numbers suggest the Fed will cut rates at their next meeting.<\/p>\n\n\n\n<p>In Canada, the TSX added 19 points for the day, but touched a record 25,826 early in the session. The TSX rose 0.17% for the week. Major movers: <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> -2.1%, <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> -1.16%, <a href=\"https:\/\/stockchase.com\/company\/view\/4097\/TXG-T\">Torex Gold<\/a> -11.78%, <a href=\"https:\/\/stockchase.com\/company\/view\/4745\/DOO-T\">BRP<\/a> 6.91% and <a href=\"https:\/\/stockchase.com\/company\/view\/1201\/TA-T\">TransAlta<\/a> 6.47%. Tech was the most positive sector while energy and materials led most sectors down. WTI sank 1.65% to US$67.20 while gold held around US$2,633.<\/p>\n\n\n\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/company\/view\/2963\/LULU-Q\">LuLulemon Athletica (US)\u00a0(LULU-Q)<\/a> +15.84%<\/p>\n\n\n\n<p>&#x1f4bb; <a href=\"https:\/\/stockchase.com\/company\/view\/585\/HPQ-N\">Hewlett-Packard Co\u00a0(HPQ-N)<\/a> +10.99%<\/p>\n\n\n\n<p>&#x1f484; <a href=\"https:\/\/stockchase.com\/company\/view\/5227\/ULTA-Q\">Ulta Salon Cosmetics and Fragrance Inc.\u00a0(ULTA-Q)<\/a> +8.95%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/7441\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> +7%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -1.89%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +2.3%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -2.1%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc\u00a0(SU-T)<\/a> -1.16%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/4097\/TXG-T\">Torex Gold Resources\u00a0(TXG-T)<\/a> -11.78%<\/p>\n\n\n\n<p>&#x2699; <a href=\"https:\/\/stockchase.com\/company\/view\/4745\/DOO-T\">BRP INC.\u00a0(DOO-T)<\/a> +6.91%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/1201\/TA-T\">Transalta Corp\u00a0(TA-T)<\/a> +6.47%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week ended with the S&amp;P and Nasdaq modestly rallying to new highs, the former by 0.23% and the latter at 0.78%. Over the week, they gained nearly 1% and 3.3% respectively. The Dow closed Friday -0.3% and -0.6% for [&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-342599","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\/342599","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=342599"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342599\/revisions"}],"predecessor-version":[{"id":342602,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342599\/revisions\/342602"}],"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=342599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}