Fresh off an interest rate cut in Canada and the U.S., markets reached yet another record close to cap off a winning week, fueled by apparent progress in China-U.S. trade talks. The TSX rallied 1.07% to a new high of 29,768 and gained 1.65% for the week. For Friday, the S&P rose 0.49%, the Nasdaq 0.72% and the Dow 0.37%, all to new record closes. For the week, the S&P advanced 1.2%, the Nasdaq 2.2% and the Dow 1.05%. <\/p>\n
Nine Canadian sectors were in the green, led by outsized gains in materials as well as staples. Energy lost ground. Major movers were Barrick Gold jumping 9.71%, Endeavour Silver 9.25%, First Majestic Silver 7.08%, Energy Fuels 6.23% and CNQ -2.92%. On Wall Street, Apple rallied 3.2% on optimism over its latest iPhone, Newmont popped 4.34%, Paramount Skydance rallied 5.85% and Warner Bros. Discovery 3.37%, while Intel gave back 3.24%.<\/p>\n
In commodities, gold increased more than 1% to US$3,683 while WTI slid 1.35% to US$62.70. Bitcoin lost ground by about 2% to US$115,285. The U.S. 10-year yield rose to 4.139%.<\/p>\n
🥇 Barrick Gold Corp (ABX-N) +9.71%
\n⛏ Endeavour Mining Capital (EDV-T) +9.25%
\n🥈 First Majestic Silver (AG-N) +7.08%
\n⛏ Energy Fuels Inc. (EFR-T) +6.23%
\n🛢 Canadian Natural Rsrcs (CNQ-T) -2.92%
\n🍎 Apple Inc (AAPL-Q) +3.2%
\n🥇 Newmont Goldcorp (NGT-T) +4.34%
\n🎞 Paramount Skydance Corporation (PSKY-Q) +5.85%
\n📺 Warner Bros. Discovery (WBD-Q) +3.37%
\n💾 Intel (INTC-Q) -3.24%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2%<\/p>\n","protected":false},"excerpt":{"rendered":"
Fresh off an interest rate cut in Canada and the U.S., markets reached yet another record close to cap off a winning week, fueled by apparent progress in China-U.S. trade talks. The TSX rallied 1.07% to a new high of […]<\/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-344075","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\/344075","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=344075"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344075\/revisions"}],"predecessor-version":[{"id":344079,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/344075\/revisions\/344079"}],"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=344075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=344075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=344075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}