{"id":342665,"date":"2024-12-20T17:37:43","date_gmt":"2024-12-20T22:37:43","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342665"},"modified":"2024-12-20T17:37:47","modified_gmt":"2024-12-20T22:37:47","slug":"friday-rally-lessens-weekly-losses","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/friday-rally-lessens-weekly-losses\/","title":{"rendered":"Friday rally lessens weekly losses"},"content":{"rendered":"\n<p>Two days after the U.S. Fed announced only two interest cuts for 2025 and triggered a sharp sell-off, markets on Friday rallied which reduced losses for the week. The three major U.S. indices all rose over 1% during the session, but the S&amp;P ended the week -2%, the Nasdaq -1.8% and the Dow -2.25%. <\/p>\n\n\n\n<p>Major winners on Friday included <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir<\/a> up 8.54%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> 3.08%, <a href=\"https:\/\/stockchase.com\/ENPH-Q\">Enphase Energy<\/a> 8.59% and <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> 1.88%. However, <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> sank 1.6% to US$95,745 while the U.S. 10-year yield slipped 1% to 4.524%.<\/p>\n\n\n\n<p>The TSX advanced nearly 200 points or 0.78% on Friday, but shed 2.65% for the week. All sectors rallied, with staples suffering minor losses. Healthcare was particularly strong as well as tech and real estate. Major movers were <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a>, soaring 23.13%, <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> 8.04%, <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> 6.59%, <a href=\"https:\/\/stockchase.com\/ATZ-T\">Aritzia<\/a> 5.12% and <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge<\/a> 1.49%. Gold added US$29 to US$2,623 while WTI crude climbed 0.19% to US$69.50.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir Technologies\u00a0(PLTR-N)<\/a> +8.54%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +3.08%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ENPH-Q\">Enphase Energy\u00a0(ENPH-Q)<\/a> +8.59%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc\u00a0(AAPL-Q)<\/a> +1.88%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1.6%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry\u00a0(BB-T)<\/a> +23.13%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals\u00a0(FM-T)<\/a> +8.04%<\/p>\n\n\n\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc.\u00a0(TLRY-Q)<\/a> +6.59%<\/p>\n\n\n\n<p>&#x1f457; <a href=\"https:\/\/stockchase.com\/ATZ-T\">Aritzia Inc.\u00a0(ATZ-T)<\/a> +5.12%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge\u00a0(ENB-T)<\/a> +1.49%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two days after the U.S. Fed announced only two interest cuts for 2025 and triggered a sharp sell-off, markets on Friday rallied which reduced losses for the week. The three major U.S. indices all rose over 1% during the session, [&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-342665","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\/342665","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=342665"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342665\/revisions"}],"predecessor-version":[{"id":342669,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342665\/revisions\/342669"}],"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=342665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}