{"id":191339,"date":"2020-09-29T20:20:00","date_gmt":"2020-09-30T00:20:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=191339"},"modified":"2020-09-30T09:12:42","modified_gmt":"2020-09-30T13:12:42","slug":"markets-inch-down-in-light-trading","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-inch-down-in-light-trading\/","title":{"rendered":"Markets inch down in light trading"},"content":{"rendered":"<hr \/>\n<table cellpadding=\"10\" align=\"center\">\n<tbody style=\"padding: 10px; font-family: Helvetica, Arial;\">\n<tr align=\"center\">\n<td align=\"center\"><center>This week, you missed Past Top Picks comments by <a href=\"https:\/\/stockchase.com\/expert\/view\/28\/Robert-McWhirter\">Robert McWhirter<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/ARE-T\">Aecon Group Inc<\/a> (<strong>A Top Pick Oct 11\/18, Up 16%<\/strong>) <strong><a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-text\">Get Premium<\/a> to receive all past top picks opinions a few hours before market open.<\/strong><br \/>\n<a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-image\"><img decoding=\"async\" class=\"alignnone size-full wp-image-123205\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/11\/premium-button.png\" alt=\"Get Premium\" width=\"289\" height=\"48\" \/><\/a><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>After starting the week strong, markets retrenched and gave up some of Monday&#8217;s gains in light trading. A lot of money is sitting on the sidelines to see which U.S. presidential candidate will emerge as the front runner. Tuesday night sees the first debate, with <a href=\"https:\/\/www.nytimes.com\/interactive\/2020\/09\/27\/us\/donald-trump-taxes.html\" target=\"_blank\" rel=\"noopener\">Trump<\/a>&#8216;s stunning income tax returns fresh on voters&#8217; minds. Given all this, the American indices slipped Tuesday.<\/p>\n<p>The Dow Jones and S&amp;P both slipped -0.48% while the Nasdaq closed -0.29%. Volumes on the Nasdaq, for example, are 25% lower than normal. Notable movers included <a href=\"https:\/\/stockchase.com\/BYND-Q\">Beyond Meat<\/a>, spiking 9.5% which helped lift the Nasdaq, <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> up 3% and <a href=\"https:\/\/stockchase.com\/AAL-Q\">American Airlines<\/a> down 4%. All the Dow components closed negative, though healthcare was mixed.<\/p>\n<p>Adding to market pressure was a 4% tumble in WTI prices. <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> shed 4.46% and <a href=\"https:\/\/stockchase.com\/AC-T\">Air Canada<\/a> dipped 3.72%. Quebec and Ontario have reported a rise in Covid cases, though Ontario has stabilized at last count. The TSX closed -0.13% with trading volumes off only 8%. Energy, of course lagged, though tech and materials led. <a href=\"https:\/\/stockchase.com\/ACQ-T\">Autocanada<\/a> was the day&#8217;s biggest gainer, soaring 10.59%. <a href=\"https:\/\/stockchase.com\/FOOD-T\">Goodfood<\/a> popped 8.47% and <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> rose 6%. Safe haven gold climbed 0.8% by the close.<\/p>\n<p>&#x1f969; <a href=\"https:\/\/stockchase.com\/BYND-Q\">Beyond Meat Inc.<\/a> +9.5%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices<\/a> +3%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/AAL-Q\">American Airlines Group<\/a> -4%<br \/>\n&#x26a1; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc<\/a> -4.46%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/AC-T\">Air Canada<\/a> -3.72%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/ACQ-T\">AutoCanada Inc.<\/a> +10.59%<br \/>\n&#x1f371; <a href=\"https:\/\/stockchase.com\/FOOD-T\">Goodfood Market Corp.<\/a>+8.47%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc.<\/a>+6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Robert McWhirter\u00a0including Aecon Group Inc (A Top Pick Oct 11\/18, Up 16%) Get Premium to receive all past top picks opinions a few hours before market open. After starting the week [&hellip;]<\/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-191339","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\/191339","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=191339"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/191339\/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=191339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=191339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=191339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}