{"id":204563,"date":"2020-12-21T17:16:30","date_gmt":"2020-12-21T22:16:30","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=204563"},"modified":"2020-12-21T17:16:30","modified_gmt":"2020-12-21T22:16:30","slug":"uk-covid-sell-off-limited-by-stimulus-bill","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/uk-covid-sell-off-limited-by-stimulus-bill\/","title":{"rendered":"UK Covid sell-off limited by stimulus bill"},"content":{"rendered":"

A mutation of Covid that has appeared in England triggered sharp selling Monday across Europe with the FTSE down 1.73% and the German DAX sliding 2.92%. The sell-off hit North America, though expectations that the U.S. Congress will sign the stimulus<\/a> aid bill raised markets nearly into the positive by the close. (Scientists stress that it’s normal for viruses<\/a> to mutate, confirm that this new strain is more infectious but aren’t sure if it is more lethal; and are confident that the approved vaccines can protect people from it.) The S&P closed -0.39% and the Nasdaq -0.1% both well off the day’s lows while the Down actually climbed into the green at 0.12%.<\/p>\n

Nike<\/a> leapt 4.91% after last Friday’s impressive quarter while American banks rallied. Airlines fell with American<\/a> falling 2.48%. Goldman Sachs<\/a> popped over 6%. However, Tesla<\/a> slid 6.49% after its first day trading on the S&P. That said, the e-carmaker has rocketed 676% for the year so far.<\/p>\n

The TSX climbed from the morning’s plunge to close at -0.19%. Fear of more lockdowns sent the price of WTI sliding 2.7% and WCS falling over 3.5%. The two most-traded stocks, Suncor<\/a> and CNQ<\/a>, closed -2.08% and -2.24% respectively. Air Canada<\/a> tumbled 2.43%. The day’s big winner was Great Canadian Gaming<\/a> after Apollo Global Management increased its purchasing offer and won over GC<\/a> shareholders. GC stock soared 16.84%. Tech was one of the few strong sector Monday. For instance, BlackBerry<\/a> regained 3.28% after last week’s choppy sell-off, though cannabis stocks like Aphria<\/a> (-5.62%) took a hit.<\/p>\n

👟 Nike Inc<\/a> +4.91%
\n🛫 American Airlines Group<\/a> -2.48%
\n🏛 Goldman Sachs<\/a> +6%
\n🚗 Tesla Motors Inc<\/a> -6.49%
\n🛢 Suncor Energy Inc<\/a> -2.08%
\n🛢 Canadian Natural Rsrcs<\/a> -2.24%
\n🛫 Air Canada<\/a> -2.43%
\n♠ Great Canadian Gaming Corp<\/a> +16.84%
\n📱 BlackBerry<\/a> +3.28%
\n🌿 Aphria Inc<\/a> -5.62%<\/p>\n","protected":false},"excerpt":{"rendered":"

A mutation of Covid that has appeared in England triggered sharp selling Monday across Europe with the FTSE down 1.73% and the German DAX sliding 2.92%. The sell-off hit North America, though expectations that the U.S. Congress will sign the […]<\/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-204563","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\/204563","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=204563"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/204563\/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=204563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=204563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=204563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}