The week ended on a sharp sell-off after the latest U.S. jobs report came in hotter than expected. The December unemployment rate unexpectedly fell from 4.1% from 4.2% to reflect a robust economy. However, this news stirred fears of rising inflation and, as a consequence, that the U.S. Fed will delay cutting interest rates this year or even raising them. Stocks sank across the board with the S&P closing -1.54%, the Nasdaq and Dow both -1.63%, and the TSX -1.22%. All the indices closed negatively for the week with the S&P -0.7%, the Nasdaq -0.62%, the Dow -1.07% and the TSC -1.22%.<\/p>\n\n\n\n
Once more, Nvidia<\/a> was the most influential name, finishing -3%, Apple<\/a> -2.41% and AMD<\/a> -4.76%. Constellation Energy<\/a> soared 25.16% on news it was buying a geothermal and natural gas power generator, while Walgreens<\/a> rocketed 27.55% on strong earnings. Similarly, Aritzia<\/a> jumped 19.07% after reporting earnings. Elsewhere, Suncor<\/a> gained 2.94%, Brookfield Corp.<\/a> -5.86%, Capstone Copper<\/a> -5.85% and Tilray<\/a> -12.06%. Gold continued to climb, adding US$25 to US$2,692, WTI rallied another 3.7% to US$76.65, and Bitcoin<\/a> advanced about 3% to US$94,800. Given all the talk about inflation, the U.S. 10-year-yield leapt to 4.765%, levels last seen in late 2023.<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -3%<\/p>\n\n\n\n 🍎 Apple Inc\u00a0(AAPL-Q)<\/a> -2.41%<\/p>\n\n\n\n 💾 Advanced Micro Devices\u00a0(AMD-Q)<\/a> -4.76%<\/p>\n\n\n\n 💡 Constellation Energy\u00a0(CEG-Q)<\/a> +25.16%<\/p>\n\n\n\n 💊 Walgreen Boots Alliance\u00a0(WBA-Q)<\/a> +27.55%<\/p>\n\n\n\n 👗 Aritzia Inc.\u00a0(ATZ-T)<\/a> +19.07%<\/p>\n\n\n\n 🛢 Suncor Energy Inc\u00a0(SU-T)<\/a> +2.94%<\/p>\n\n\n\n 🏛 Brookfield Corp\u00a0(BN-T)<\/a> -5.86%<\/p>\n\n\n\n 🥉 Capstone Copper Corp\u00a0(CS-T)<\/a> -5.85%<\/p>\n\n\n\n