The lack of a stimulus package amid rising Covid cases across Europe and North America pressured investors to sell on Monday.<\/p>\n
The selling was across the board as the Dow plunged 2.29%, the S&P by 1.86 and the Nasdaq by 1.64%. Losses were more moderate on the TSX which closed -1.38%. The VIX spiked nearly 18%. All Dow components closed down, weighed down by UnitedHealth<\/a> at -2.28%, American Express<\/a> at -4.06%, Salesforce<\/a> at -3.41% and Boeing<\/a> at -3.9%. In Toronto, the energy sector slid 3.34%, real estate by 1.59% and industrials down 1.85%. The general uncertainty pushed WTI prices down by 3.2% and WCS by 7%. Gold remained flat around $1,900\/ounce.<\/p>\n The day’s biggest gainers involved takeover deals. Cenovus<\/a> merged with Husky Energy in an all-stock deal worth $3.8 billion, but the market wasn’t impressed as it sold off Cenovus<\/a> by 8.4% and pushed up Husky<\/a> by 12%. Meanwhile Brookfield<\/a> bought the rest of Genworth for $1.2 billion. Genworth<\/a> rocketed over 24% as Brookfield Property Partners<\/a> lost 0.95%. SAP<\/a>, a European tech bellweather trading in New York, plunged 23.16% on a revenue and earnings forecast cut. Covid fears pushed Cineplex<\/a> down 10.14%. Also selling off was Village Farms International<\/a> by 8.47%. It was a stormy Monday, just one week before the U.S. vote.<\/p>\n 👨⚕️ UnitedHealth Group Inc<\/a> -2.28% The lack of a stimulus package amid rising Covid cases across Europe and North America pressured investors to sell on Monday. The selling was across the board as the Dow plunged 2.29%, the S&P by 1.86 and the Nasdaq by […]<\/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-195411","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\/195411","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=195411"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/195411\/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=195411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=195411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=195411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💳 American Express<\/a> -4.06%
\n💾 SalesForce.com Inc.<\/a> -3.41%
\n🛫 Boeing<\/a> -3.9%
\n🛢 Cenovus Energy<\/a> -8.4%
\n🛢 Husky Energy<\/a> +12%
\n🏛 Genworth MI Cana<\/a>da Inc. +24%
\n🏘 Brookfield Property Partners<\/a> -0.95%
\n💿 SAP AG ADR<\/a> -23.16%
\n🎞 Cineplex Inc<\/a> -10.14%
\n🌿 Village Farms International, Inc.<\/a> -8.47%<\/p>\n","protected":false},"excerpt":{"rendered":"