{"id":342826,"date":"2025-01-24T16:51:00","date_gmt":"2025-01-24T21:51:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342826"},"modified":"2025-01-24T18:20:45","modified_gmt":"2025-01-24T23:20:45","slug":"rally-pauses-to-end-positive-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/rally-pauses-to-end-positive-week\/","title":{"rendered":"Rally pauses to end positive week"},"content":{"rendered":"\n

Markets gained for the week, but Wall Street was down on Friday while the TSX modestly rose. In Toronto, materials and discretionary led most sectors higher while energy was among the four laggards. The Bank of Montreal<\/a> was the most influential name, adding 0.6%, while Bird Construction<\/a> jumped 5.32%, Torex Gold<\/a> 4.59%, Richelieu Hardware<\/a> -3.17% and Cenovus Energy<\/a> -1.57%. WTI held at US$75.55 while gold climbed US$16 to US$2,771.<\/p>\n\n\n\n

The three American indices lost ground on Friday, down a third to half a percent. However, the S&P advanced 2.75% for the week, the Nasdaq 3.2% and the Dow 3%. Once again, Nvidia<\/a> was the most influential stock at -3.12%, followed by Intel<\/a> at -3.43% and Tesla<\/a> -1.41%. Gaining ground were Lululemon<\/a> at 3.14% and Estee Lauder<\/a> 2.96%. The U.S. 10-year yield held at 4.6% while Bitcoin added nearly US$2,000 to almost US$105,100. <\/p>\n\n\n\n

Investors are bracing themselves for next week when central banks in both Canada and the U.S. make their latest interest decisions and heavyweights including Microsoft, Meta and Apple report. <\/p>\n\n\n\n

🏛 Bank of Montreal\u00a0(BMO-T)<\/a> +0.6%<\/p>\n\n\n\n

🧱 Bird Construction Income Fund\u00a0(BDT-T)<\/a> +5.32%<\/p>\n\n\n\n

🥇 Torex Gold Resources\u00a0(TXG-T)<\/a> +4.59%<\/p>\n\n\n\n

⚙ Richelieu Hardware\u00a0(RCH-T)<\/a> -3.17%<\/p>\n\n\n\n

🛢 Cenovus Energy\u00a0(CVE-T)<\/a> -1.57%<\/p>\n\n\n\n

💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -3.12%<\/p>\n\n\n\n

💾 Intel\u00a0(INTC-Q)<\/a> -3.43%<\/p>\n\n\n\n

🚗 Tesla Inc\u00a0(TSLA-Q)<\/a> -1.41%<\/p>\n\n\n\n

🛒 LuLulemon Athletica (US)\u00a0(LULU-Q)<\/a> +3.14%<\/p>\n\n\n\n

💄 Estee Lauder\u00a0(EL-N)<\/a> +2.96%<\/p>\n","protected":false},"excerpt":{"rendered":"

Markets gained for the week, but Wall Street was down on Friday while the TSX modestly rose. In Toronto, materials and discretionary led most sectors higher while energy was among the four laggards. The Bank of Montreal was the most […]<\/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-342826","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\/342826","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=342826"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342826\/revisions"}],"predecessor-version":[{"id":342829,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342826\/revisions\/342829"}],"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=342826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}