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Markets sold off Friday after China closed a U.S. consulate<\/a> in Chengdu in retaliation against America closing a Chinese consulate in Houston. China had warned of payback, but the news still spooked American investors, enough to pressure the Nasdaq -0.94%, the Dow -0.27% and the S&P -0.35%.<\/p>\n Also weighing on Wall Street is Washington’s ongoing failure to control the number of COVID-19 cases, in stark contrast to Canada and Europe which continue to reopen their economies. Symbolically, Trump has cancelled the Republican<\/a> national convention in Florida, which has reached four million cases. Uncertainty is pushing gold to revisit previous highs above $1,900\/ounce. Big American tech stocks continued to have a tough week as Intel<\/a> warned in its Q2 earnings of a production delay in its advanced chips. Intel plunged 16.24%. The Nasdaq ended the week at its lowest point in three weeks.<\/p>\n The TSX fared better, closing only -0.13%. Oil prices enjoyed a modest gain of 0.5%, but tech stocks showed the most weakness. Shopify<\/a> fell more than 50 points in early trading but recovered to close up 0.2%. Another recent high-flyer, Ballard Power<\/a>, shed 3%, though Winpak <\/a>leapt 4% after two analysts raised their price targets on the packaging company which announced quarterly<\/a> profits that topped estimates.<\/p>\n 💾 Intel<\/a> -16.24% This week, you missed Past Top Picks comments by Josef Schachter\u00a0including Bonavista Energy Corp (A Top Pick Jul 16\/18, Down 70%) Get Premium to receive all past top picks opinions a few hours before market open. Markets sold off Friday […]<\/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-180726","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\/180726","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=180726"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/180726\/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=180726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=180726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=180726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛍 Shopify Inc.<\/a> -2%
\n🔋 Ballard Power Systems<\/a> -3%
\n📦 Winpak Ltd.<\/a> +4%<\/p>\n","protected":false},"excerpt":{"rendered":"