{"id":343387,"date":"2025-05-16T19:51:22","date_gmt":"2025-05-16T23:51:22","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343387"},"modified":"2025-05-16T19:51:24","modified_gmt":"2025-05-16T23:51:24","slug":"tsx-extends-highs-on-friday-and-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-extends-highs-on-friday-and-week\/","title":{"rendered":"TSX extends highs on Friday and week"},"content":{"rendered":"\n<p>It was a winning week for Canadian stocks as the TSX made another new closing high Friday, up 0.29% to 25,972, and rallied 5.25% for the week. All but materials gained on Friday as discretionary, real estate and especially health care made outsized gains. <\/p>\n\n\n\n<p>Among the key movers were <a href=\"https:\/\/stockchase.com\/MEG-T\">MEG Enegy<\/a> soaring 18.73%, <a href=\"https:\/\/stockchase.com\/ATH-T\">Athabasca Oil<\/a> up 8.96%, <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> 9.68% and <a href=\"https:\/\/stockchase.com\/SOBO-N\">South Bow<\/a> down 4.15%. Canadian Tire made headlines for buying the name, stripes and brand of the ailing, but historic Hudson&#8217;s Bay Company. <a href=\"https:\/\/stockchase.com\/CTC-T\">Canadian Tire<\/a> shares rose 3.25%.<\/p>\n\n\n\n<p>On Wall Street, the three main indices moved up on Friday: the S&amp;P 0.7%, the Nasdaq 0.52% and the Dow 0.78%. For the week, the S&amp;P jumped 5.25%, the Dow 3.4% and the Nasdaq 7.15% as tech led the rebound on optimism from current trade talks. Big movers included <a href=\"https:\/\/stockchase.com\/UNH-N\">UnitedHealth<\/a> up 6.4%, <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna<\/a> 5.12%, <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> 4.98%, <a href=\"https:\/\/stockchase.com\/AMAT-Q\">Applied Materials<\/a> -5.25% and <a href=\"https:\/\/stockchase.com\/HSY-N\">Hershey<\/a> -3.18%. The U.S. 10-year yield slipped to 4.44% though <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> climbed 0.9% to nearly $104,000. In commodities, gold slipped US$40 to US$3,199 while WTI crude rallied 1.15% to US$62.30.<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/MEG-T\">MEG Energy Corp\u00a0(MEG-T)<\/a> +18.73%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ATH-T\">Athabasca Oil Sands Corp\u00a0(ATH-T)<\/a> +8.96%<\/p>\n\n\n\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc.\u00a0(TLRY-Q)<\/a> +9.68%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SOBO-N\">South Bow Corp\u00a0(SOBO-N)<\/a> -4.15%<\/p>\n\n\n\n<p>&#x1f6d2; <a href=\"https:\/\/stockchase.com\/CTC-T\">Canadian Tire Corporation Ltd\u00a0(CTC-T)<\/a> +3.25%<\/p>\n\n\n\n<p>&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/UNH-N\">UnitedHealth Group Inc\u00a0(UNH-N)<\/a> +6.4%<\/p>\n\n\n\n<p>&#x1f489; <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna\u00a0(MRNA-Q)<\/a> +5.12%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> +4.98%<\/p>\n\n\n\n<p>&#x2699; <a href=\"https:\/\/stockchase.com\/AMAT-Q\">Applied Materials\u00a0(AMAT-Q)<\/a> -5.25%<\/p>\n\n\n\n<p>&#x1f36b; <a href=\"https:\/\/stockchase.com\/HSY-N\">Hershey Foods Corp\u00a0(HSY-N)<\/a> -3.18%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +0.9%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was a winning week for Canadian stocks as the TSX made another new closing high Friday, up 0.29% to 25,972, and rallied 5.25% for the week. All but materials gained on Friday as discretionary, real estate and especially health [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"closed","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-343387","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\/343387","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=343387"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343387\/revisions"}],"predecessor-version":[{"id":343392,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343387\/revisions\/343392"}],"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=343387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}