On Thursday, Wall Street was surprised when August’s U.S. consumer spending numbers rose 0.7% instead of slipping as expected. This renewed ongoing worries that the U.S. Fed will launch a taper tantrum and pressured stocks. The S&P closed -0.16% and the Dow -0.18% though the Nasdaq gained 0.13%. The U.S. 10-year yield popped 2.7% to 1.33%, but gold slid 2.37% to around $1,750 an ounce. Naturally, minerals as well as industrials, healthcare and energy declined in America.<\/p>\n
Newmont<\/a> closed -4%, Marathon Oil<\/a> -2.45%, and Freeport-McMoran<\/a> -6.64%. Gainers included American Airlines<\/a> climbing 2.63%, Etsy<\/a> 3.1% and BioNTech<\/a> 4.9% before U.S. health offices decide on whether to greenlight Covid booster shots.<\/p>\n As the price of crude oil stay flat and gold tanked, the TSX closed -0.44% though financials and tech stocks advanced. Big movers were Barrick Gold<\/a> losing 4%, Magna<\/a> down 4.79% and Kinross Gold<\/a> falling 4.59%. Rallying were Nuvei<\/a> by 6.56%, Tamarack Valley Energy<\/a> up 4.56% and Air Canada<\/a> at 2.8%. The Canadian dollar slipped 0.43% to dip below 79 cents. Meanwhile, Bitcoin lost a bit of of ground to slip below $48,000.<\/p>\n 🥇 Newmont Goldcorp<\/a> -4% On Thursday, Wall Street was surprised when August’s U.S. consumer spending numbers rose 0.7% instead of slipping as expected. This renewed ongoing worries that the U.S. Fed will launch a taper tantrum and pressured stocks. The S&P closed -0.16% and […]<\/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-244379","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\/244379","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=244379"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/244379\/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=244379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=244379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=244379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Marathon Oil<\/a> -2.45%
\n🥇 Freeport McMoran Copper & Gold<\/a> -6.64%
\n🛫 American Airlines Group<\/a> +2.63%
\n🛍 Etsy Inc.<\/a> +3.1%
\n🧫 BioNTech<\/a> +4.9%
\n🥇 Barrick Gold<\/a> -4%
\n🚗 Magna Int’l. (A)<\/a> -4.79%
\n🥇 Kinross Gold<\/a> -4.59%
\n💻 Nuvei Corp<\/a> +6.56%
\n⚡ Tamarack Valley Energy<\/a> +4.56%
\n🛫 Air Canada<\/a> +2.8%<\/p>\n","protected":false},"excerpt":{"rendered":"