A day after several positive headlines, Wednesday markets were choppy, with stocks fading in the final hour of trading. The S&P, Dow and TSX declined by around 0.5% while only the Nasdaq closed positive at 0.15%.<\/p>\n
There wasn’t a single catalyst to account for this back-and-forth movement, though news about rising Covid-19 cases<\/a> in southern U.S. states Texas, Arizona and Florida weighed on some investors who fear a return to a full, nationwide lockdown. However, the bulls strongly doubt that, since only these are particular states being hit and there have been advances in virus treatments.<\/p>\n As usual, tech led gains with stay-at-home stocks like Netflix <\/a>rallying 2.67% and financials like Bank of America<\/a> (-3.19%) lagging. Lam Research<\/a> also gained 2.72%. Industrials and energy also dragged down the Dow. A barrel of WTI slipped 1.82% and WCS declined almost 2.5%. No surprise on the TSX that energy was the worst performer at -4.31%. For example, Birchcliff Energy<\/a> fell 9.24%. Only materials and industrials showed any life, such as Dundee Precious Metals<\/a> which popped nearly 7%. Though weed stocks have been climbing back this spring, Hexo<\/a> plunged nearly 12% after announcing a $25.5 million stock offering<\/a>. Gold was essentially flat.<\/p>\n 📺 Netflix Inc.<\/a> +2.67% A day after several positive headlines, Wednesday markets were choppy, with stocks fading in the final hour of trading. The S&P, Dow and TSX declined by around 0.5% while only the Nasdaq closed positive at 0.15%. There wasn’t a single […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"open","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-175078","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\/175078","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=175078"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/175078\/revisions"}],"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=175078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=175078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=175078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🏛 Bank of America<\/a> -3.19%
\n🧬 Lam Research Corp<\/a> +2.72%
\n⚡ Birchcliff Energy Ltd.<\/a> -9.24%
\n👑 Dundee Precious Metals Inc.<\/a> +7%
\n🌿 Hexo Corp<\/a> -12%<\/p>\n","protected":false},"excerpt":{"rendered":"