{"id":343315,"date":"2025-05-02T16:57:00","date_gmt":"2025-05-02T20:57:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343315"},"modified":"2025-05-05T15:08:41","modified_gmt":"2025-05-05T19:08:41","slug":"markets-climb-on-tariff-and-job-optimism","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-climb-on-tariff-and-job-optimism\/","title":{"rendered":"Markets climb on tariff and job optimism"},"content":{"rendered":"\n<p>Stocks in New York and Toronto ended the week with solid gains after a positive U.S. jobs report Friday and signs of a thaw in Trump&#8217;s tariff war. The S&amp;P rose 1.47% during the session, the Nasdaq 1.51% and the Dow 1.39%. The three indices gained at least 3% for the week, with the Nasdaq advancing 3.4%. Tech earnings were another driver. <\/p>\n\n\n\n<p><a href=\"https:\/\/stockchase.com\/META-Q\">Meta<\/a> jumped 3.42% though <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> sank 3.74%. Meanwhile, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> rose another 2.59% and <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir<\/a> 6.95%. <a href=\"https:\/\/stockchase.com\/GDDY-N\">GoDaddy<\/a> slid 8.36%. The U.S. 10-year yield edged up to 4.308% as Bitcoin increased US$575 to US$94,050.<\/p>\n\n\n\n<p>Prime Minister Carney announced he will meet Trump next Tuesday to discuss trade. That helped lift sentiment on Bay Street. The TSX added 0.95% on Friday and 1.3% for the week, fueled by gains in eight sectors starting with industrials, tech and financials. Telcos were the biggest drag. Key names on Bay Street: <a href=\"https:\/\/stockchase.com\/ATZ-T\">Aritzia<\/a> soaring 13.75% on a blow-out quarter, <a href=\"https:\/\/stockchase.com\/BMO-T\">BMO<\/a> up 1.18%, <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Space<\/a> -14.34%, <a href=\"https:\/\/stockchase.com\/ASTL-T\">Algoma Steel<\/a> 7.69% and <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife<\/a> 2.04%. Gold was flat at US$3,239 while WTI slipped 1.15% to US$58.55.<\/p>\n\n\n\n<p>&#x1f575;&#xfe0f;&#x200d;&#x2640;&#xfe0f; <a href=\"https:\/\/stockchase.com\/META-Q\">Meta Platforms Inc \/ Facebook\u00a0(META-Q)<\/a> +3.42%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc\u00a0(AAPL-Q)<\/a> -3.74%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +2.59%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir Technologies\u00a0(PLTR-Q)<\/a> +6.95% <\/p>\n\n\n\n<p>&#x1f4bb; <a href=\"https:\/\/stockchase.com\/GDDY-N\">Go Daddy\u00a0(GDDY-N)<\/a> -8.36%<\/p>\n\n\n\n<p>&#x1f457; <a href=\"https:\/\/stockchase.com\/ATZ-T\">Aritzia Inc.\u00a0(ATZ-T)<\/a> +13.75%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/BMO-T\">Bank of Montreal\u00a0(BMO-T)<\/a> +1.18%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Ltd.\u00a0(MDA-T)<\/a> -14.34% <\/p>\n\n\n\n<p>&#x26d3; <a href=\"https:\/\/stockchase.com\/ASTL-T\">Algoma Steel Group Inc\u00a0(ASTL-T)<\/a> +7.69%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife Financial\u00a0(MFC-T)<\/a> +2.04%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks in New York and Toronto ended the week with solid gains after a positive U.S. jobs report Friday and signs of a thaw in Trump&#8217;s tariff war. The S&amp;P rose 1.47% during the session, the Nasdaq 1.51% and the [&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-343315","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\/343315","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=343315"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343315\/revisions"}],"predecessor-version":[{"id":343320,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343315\/revisions\/343320"}],"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=343315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}