{"id":342895,"date":"2025-02-07T16:55:00","date_gmt":"2025-02-07T21:55:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342895"},"modified":"2025-02-08T12:57:39","modified_gmt":"2025-02-08T17:57:39","slug":"market-fade-to-end-the-week-down","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/market-fade-to-end-the-week-down\/","title":{"rendered":"Markets fade to end the week down"},"content":{"rendered":"\n<p>January&#8217;s unemployment numbers were released on Friday with U.S unemployment falling to 4.0%, but adding fewer jobs than expected, while Canadian unemployment declined from 6.8% to 6.6% In the backdrop were ongoing earnings and Trump&#8217;s tariffs, which are deferred (for now). The S&amp;P and Dow both fell nearly 1% on Friday, but the S&amp;P closed the week 0.24% lower while the Dow fell 0.54%. The Nasdaq sank 1.36% on Friday and lost 0.53% for the week. <\/p>\n\n\n\n<p>Beating were <a href=\"https:\/\/stockchase.com\/EXPE-Q\">Expedia<\/a>, soaring 17.27% and <a href=\"https:\/\/stockchase.com\/NET-N\">Cloudflare<\/a> which jumped 17.76%. Meanwhile, <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> disappointed and sank 4.05% while <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> slid 3.39% and <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> rallied7 .21% The U.S. 10-year yield held around 4.493% as <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> declined 0.83% to trade below US$96,000.<\/p>\n\n\n\n<p>The TSX slipped 0.36% for both the session and the week. Energy was the only area to enjoy gains as WTI climbed 0.55% to US$71. Gold continued its winning stream by advancing US$6 to US$2,862. The telcos and health lead the laggards as <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE<\/a> slid 6.17% and <a href=\"https:\/\/stockchase.com\/T-T\">Telus<\/a> sank 1.53. <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> closed -1.53%, <a href=\"https:\/\/stockchase.com\/OTEX-T\">Open Text<\/a> -5.89% and <a href=\"https:\/\/stockchase.com\/ARX-T\">ARC Resources<\/a> climbed 5.07%.  <\/p>\n\n\n\n<p>&#x2708; <a href=\"https:\/\/stockchase.com\/EXPE-Q\">Expedia\u00a0(EXPE-Q)<\/a> +17.27%<\/p>\n\n\n\n<p>&#x1f4bb; <a href=\"https:\/\/stockchase.com\/NET-N\">Cloudflare\u00a0(NET-N)<\/a> +17.76%<\/p>\n\n\n\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc.\u00a0(AMZN-Q)<\/a> -4.05%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> -3.39%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> +7.21%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -0.83%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BCE-T\">BCE Inc.\u00a0(BCE-T)<\/a> -6.17%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/T-T\">Telus Corp\u00a0(T-T)<\/a> -1.53%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -1.53%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/OTEX-T\">Open Text\u00a0(OTEX-T)<\/a> -5.89%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ARX-T\">Arc Resources Ltd\u00a0(ARX-T)<\/a> +5.07%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>January&#8217;s unemployment numbers were released on Friday with U.S unemployment falling to 4.0%, but adding fewer jobs than expected, while Canadian unemployment declined from 6.8% to 6.6% In the backdrop were ongoing earnings and Trump&#8217;s tariffs, which are deferred (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-342895","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\/342895","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=342895"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342895\/revisions"}],"predecessor-version":[{"id":342900,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342895\/revisions\/342900"}],"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=342895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}