{"id":342634,"date":"2024-12-13T17:26:00","date_gmt":"2024-12-13T22:26:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342634"},"modified":"2024-12-13T19:12:50","modified_gmt":"2024-12-14T00:12:50","slug":"stocks-fade-to-end-week-bitcoin-climbs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-fade-to-end-week-bitcoin-climbs\/","title":{"rendered":"Stocks fade to end week, Bitcoin climbs"},"content":{"rendered":"\n<p>Talk of tariffs from the White House in 2025 and tax-loss selling filled the air. Friday saw the TSX shed 0.54% and lose 1.6% for the week as only tech managed to gain ground during the session. All other sectors declined, led by materials and telcos. <\/p>\n\n\n\n<p>Making waves were <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica<\/a> which soared 9.12%, while both <a href=\"https:\/\/stockchase.com\/T-T\">Telus<\/a> and <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE<\/a> ended the day -1.14%, <a href=\"https:\/\/stockchase.com\/ENGH-T\">Enghouse Systems<\/a> -12.89% and <a href=\"https:\/\/stockchase.com\/OGC-T\">OceanaGold<\/a> -5.34%. Gold itself sank 1.2% to US$2,650, though WTI gained 1.6% to US$71.15 an ounce.<\/p>\n\n\n\n<p>Wall Street didn&#8217;t fare much better as the S&amp;P finished the day flat, the Dow -0.2% and the Nasdaq 0.12%. For the week: the S&amp;P -0.65%, the Dow -1.8% and the Nasdaq 0.34%. The most influential names were <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> at -2.45%, <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom<\/a> leaping 23.95% after a blow-out report, and <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> adding 4.01%. Other major movers: <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor<\/a> -4.84% and <a href=\"https:\/\/stockchase.com\/ABNB-Q\">Airbnb<\/a> -4.74%. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> rose to new heights by 1.75% to $101,500 while the U.S. 10-year yield climbed to 4.39% as recent hot inflation numbers discouraged talk of interest rate cuts in the coming year.<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica Inc\u00a0(CLS-T)<\/a> +9.12%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/T-T\">Telus Corp\u00a0(T-T)<\/a> -1-14%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE Inc.\u00a0(BCE-T)<\/a> -1.14%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/ENGH-T\">Enghouse Systems\u00a0(ENGH-T)<\/a> -12.89%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/OGC-T\">Oceanagold Corp\u00a0(OGC-T)<\/a> -5.34%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -2.45%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom\u00a0(AVGO-Q)<\/a> -23.95%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> +4.01%<\/p>\n\n\n\n<p>&#x26d3; <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor Corp.\u00a0(NUE-N)<\/a> -4.84%<\/p>\n\n\n\n<p>&#x1f9f3; <a href=\"https:\/\/stockchase.com\/ABNB-Q\">Airbnb\u00a0(ABNB-Q)<\/a> -4.74%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +1.75%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Talk of tariffs from the White House in 2025 and tax-loss selling filled the air. Friday saw the TSX shed 0.54% and lose 1.6% for the week as only tech managed to gain ground during the session. All other sectors [&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-342634","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\/342634","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=342634"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342634\/revisions"}],"predecessor-version":[{"id":342637,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342634\/revisions\/342637"}],"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=342634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}