Fears of ongoing inflation and the U.S. raising interest rates sooner than later continue to weigh on investors who pushed stocks further down Thursday. The Dow closed -1.59%, the S&P -1.19% and the Nasdaq -0.49%. The U.S. 10-year yield, however barely moved from 1.51%. Once again, all the Dow components closed in the red.<\/p>\n
Most notably, Caterpillar<\/a> finished the session -3.11%, Walgreens<\/a> -3.33%, Home Depot<\/a> -2.57% and American Airlines<\/a> -2.33%. However, Bed Bath & Beyond<\/a> tanked 22.18% after missing Q2 earnings due to supply chain constraints, a common lament of late which added to the day’s pessimism. Surprisingly, tech had an easier session and saw a few gains in AMD<\/a>, up 2.54%, and Affirm Holdings<\/a>, up 5.64%. The Dow and Nasdaq finished Q3 with its first negative performance since March 2020. The Dow and S&P are trading 5% below their all-time highs.<\/p>\n The TSX fared comparatively better, shedding only 0.44% for the day. Materials, energy and staples actually climbed, while other components sank. Big gainers included Bombardier<\/a>, up 3.35%, Denison Mines<\/a> jumping nearly 7%, and Cameco<\/a> 4.76%. Losing altitude were Air Canada<\/a>, down 2.57%, Lightspeed<\/a> shedding another 3% as it battles a negative short-seller’s report, and Xebec Adsorption<\/a> plunging 10.71%. Both the U.K. and now China are seeing energy shortages, which nudged the price of WTI oil up 0.25% to $75 a barrel, and WCS by 0.33% to over $63 and absorbed the TSX’s overall losses. Meanwhile, Bitcoin<\/a> rebounded 6% to nearly $44,000.<\/p>\n 🏗 Caterpillar<\/a> -3.11% Fears of ongoing inflation and the U.S. raising interest rates sooner than later continue to weigh on investors who pushed stocks further down Thursday. The Dow closed -1.59%, the S&P -1.19% and the Nasdaq -0.49%. The U.S. 10-year yield, however […]<\/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-246522","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\/246522","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=246522"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/246522\/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=246522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=246522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=246522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💊 Walgreen Boots Alliance<\/a> -3.33%
\n🛠 Home Depot<\/a> -2.57%
\n🛫 American Airlines Group<\/a> -2.33%
\n🛏 Bed Bath & Beyond<\/a> -22.18%
\n💾 Advanced Micro Devices<\/a> +2.54%
\n💿 Affirm Holdings<\/a> +5.64%
\n🚂 Bombardier Inc (B)<\/a> +3.35%
\n⛏ Denison Mines Corp<\/a> +7%
\n🧱 Cameco Corporation<\/a> +4.76%
\n🛫 Air Canada<\/a> -2.57%
\n💾 Lightspeed Commerce Inc<\/a> -3%
\n🏗 Xebec Adsorption<\/a> -10.71%
\n🅱 The Bitcoin Fund<\/a> +6%<\/p>\n","protected":false},"excerpt":{"rendered":"