Markets ended a positive week with mixed results after investors baked in a likely interest rate cut by the U.S. Fed later this month to slow down gains. The S&P was essentially flat, down three points, the Dow slipped 0.5%, though the Nasdaq climbed 0.44% to a new record close. For the week, the S&P advanced 1.6%, the Nasdaq 2% and the Dow nearly 1%. Persistent rumours of a merger continued to fuel Warner Bros. Discovery and Paramount Skydance ever higher, up 16.7% and 7.62% respectively. Tesla rose 7.36%, Arista Networks plunged 8.92% and Moderna tumbled 7.4%. Bitcoin rallied more than US$2,000 to US$116,500. The U.S. 10-year yield edged up to 4.061%.<\/p>\n
In Canada, the TSX stepped back from yesterday’s record high by 0.34%, but still advanced 0.8% for the week. Healthcare was among the few positive sectors, while discretionary and staples led them all. Winners included Baytex up 0.61%, B2Gold 0.81% and Paramount Resources 2.5%, while losers included Energy Fuels at -4.5% and Lundin Gold -4.42%. Gold itself advanced US$81 to US$3,642 to remain at lofty levels while WTI edged up 0.25% to US$62.55.<\/p>\n
📺 Warner Bros. Discovery (WBD-Q) +16.7%
\n🎞 Paramount Skydance Corporation (PSKY-Q) +7.62%
\n🚗 Tesla Inc (TSLA-Q) +7.36%
\n💾 Arista Networks (ANET-N) -8.92%
\n💉 Moderna (MRNA-Q) -7.4%
\n🛢 Baytex Energy Corp (BTE-T) +0.61%
\n🥇 B2Gold Corp. (BTO-T) +0.81%
\n🛢 Paramount Resources (POU-T) +2.5%
\n🛢 Energy Fuels Inc. (EFR-T) -4.5%
\n🥇 Lundin Gold Inc. (LUG-T) -4.42%<\/p>\n","protected":false},"excerpt":{"rendered":"
Markets ended a positive week with mixed results after investors baked in a likely interest rate cut by the U.S. Fed later this month to slow down gains. The S&P was essentially flat, down three points, the Dow slipped 0.5%, […]<\/p>\n","protected":false},"author":12,"featured_media":343920,"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-344037","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\/344037","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=344037"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344037\/revisions"}],"predecessor-version":[{"id":344047,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344037\/revisions\/344047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=344037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=344037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=344037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}