{"id":345291,"date":"2026-08-07T17:27:00","date_gmt":"2026-08-07T21:27:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345291"},"modified":"2026-08-07T18:38:20","modified_gmt":"2026-08-07T22:38:20","slug":"materials-push-tsx-to-record-close","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/materials-push-tsx-to-record-close\/","title":{"rendered":"Materials push TSX to record close"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Canadian index made another record close this week, ending Friday up over 380 points or 0.68% to 36,381. A strong rally on materials led the way with gold prices up 2.4% to US$4,403 and silver advancing 3.1% to US$63.30. Beating earnings were <a href=\"https:\/\/stockchase.com\/BTO-T\">B2Gold<\/a>, which soared 22.47%, and <a href=\"https:\/\/stockchase.com\/RUS-T\">Russel Metals<\/a>, up 15.25%. <a href=\"https:\/\/stockchase.com\/AIF-T\">Altus Group<\/a> also reported and rallied 15.65%, though <a href=\"https:\/\/stockchase.com\/EXE-T\">Extendicare<\/a> missed and was hammered 5.12%, and <a href=\"https:\/\/stockchase.com\/OTEX-T\">Open Text<\/a> sank 3.55% despite beating. WTI slipped 0.4% to US$76.88. For the week, the TSX jumped 2.5%\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The American indices\u00a0performed even better with the Dow up 3%, the S&amp;P 3.6% and the Nasdaq over 5%. For Friday, they gained 0.28%, 0.62% and 1.3%.Delivering a blow-out quarter, <a href=\"https:\/\/stockchase.com\/ABNB-Q\">Airbnb<\/a> rocketed 17.43%, while <a href=\"https:\/\/stockchase.com\/ULTA-Q\">Ulta Beauty<\/a> gained 4.89%, <a href=\"https:\/\/stockchase.com\/DFH-N\">Dream Finders Homes<\/a> 7.17%, <a href=\"https:\/\/stockchase.com\/ZTS-N\">Zoetis<\/a> sliding 5.97% and <a href=\"https:\/\/stockchase.com\/TTD-Q\">Trade Desk<\/a> cratering 21.9% after reporting a miss. The U.S. delivered a disppponting jobs report which\u00a0raised the U.S. 10-year yield to 4.64%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f947; <a href=\"https:\/\/stockchase.com\/BTO-T\">B2Gold Corp. (BTO.TO)<\/a> +22.47%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x26cf; <a href=\"https:\/\/stockchase.com\/RUS-T\">Russel Metals (RUS.TO)<\/a> +15.25%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f3db; <a href=\"https:\/\/stockchase.com\/AIF-T\">Altus Group (AIF.TO)<\/a> +15.65%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f3db; <a href=\"https:\/\/stockchase.com\/EXE-T\">Extendicare Inc (EXE.TO)<\/a> -5.12%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/OTEX-T\">Open Text (OTEX.TO)<\/a> -3.55%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f9f3; <a href=\"https:\/\/stockchase.com\/ABNB-Q\">Airbnb (ABNB)<\/a> +17.43%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f484; <a href=\"https:\/\/stockchase.com\/ULTA-Q\">Ulta Salon Cosmetics and Fragrance Inc. (ULTA)<\/a> +4.89%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f3db; <a href=\"https:\/\/stockchase.com\/DFH-N\">Dream Finder Homes Inc. (DFH)<\/a> +7.17%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f6cd; <a href=\"https:\/\/stockchase.com\/ZTS-N\">Zoetis Inc (ZTS)<\/a> -5.97%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/TTD-Q\">Trade Desk (TTD)<\/a> -21.9%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian index made another record close this week, ending Friday up over 380 points or 0.68% to 36,381. A strong rally on materials led the way with gold prices up 2.4% to US$4,403 and silver advancing 3.1% to US$63.30. 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