Markets on both sides of the border were flat or modestly negative until a mid-afternoon report stated that President Biden will double the capital gains tax on Americans earning more than $1 million. The Nasdaq and Dow both closed -0.94% while the S&P finished -0.92%. All the Dow components suffered losses.<\/p>\n
In financials, JPMorgan<\/a> shed 2.11%, Walgreens slipped 2.67%, among industrials Dow slid 6%, and tech names like Intel<\/a> declined 1.77%. It’s earnings season and Equifax<\/a> delivered strong Q1 earnings and revenue increases that investors rewarded with a 15% pop in shares. AT&T<\/a> jumped 4.15% after announcing a boost in subscriber numbers to HBO Max. After the bell, Mattel<\/a> soared 8% on an impressive report.<\/p>\n In Toronto, the TSX 0.58%. Though the spike in Covid cases in India worries investors and pressures oil’s outlook, the price of WTI and WCS crude actually advanced by 0.5% and 1%. Energy stocks themselves, as well as tech and materials lagged. Silvercrest Metals<\/a> closed -5.46%, Shopify<\/a> -4.16% and Torex Gold Resources<\/a> -4.48%. Gainers included Laurentian Bank<\/a>, up 5.62%, AutoCanada<\/a> at 5.13% and CP<\/a> at 3.37% as it competes with CN over the fate of Kansas City Southern. Meanwhile, Bitcoin<\/a> jumped 5.5% as gold shed half-a-percent.<\/p>\n 🏛 JP Morgan Chase & Co<\/a> -2.11% Markets on both sides of the border were flat or modestly negative until a mid-afternoon report stated that President Biden will double the capital gains tax on Americans earning more than $1 million. The Nasdaq and Dow both closed -0.94% […]<\/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-223016","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\/223016","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=223016"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/223016\/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=223016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=223016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=223016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💊 Walgreen Boots Alliance<\/a> -2.67%
\n💾 Intel<\/a> -1.77%
\n🏛 Equifax Inc.<\/a> +15%
\n📱 AT&T<\/a> +4.15%
\n🧸 Mattel<\/a> +8%
\n🥈 SilverCrest Metals Inc<\/a> -5.46%
\n🛍 Shopify Inc.<\/a> -4.16%
\n🐂 Torex Gold Resources<\/a> -4.48%
\n🏛 Laurentian Bank<\/a> +5.62%
\n🚗 AutoCanada Inc.<\/a> +5.13%
\n🚂 Canadian Pacific Rail<\/a> +3.37%
\n🅱 The Bitcoin Fund<\/a> -5.5%<\/p>\n","protected":false},"excerpt":{"rendered":"