{"id":262657,"date":"2022-01-27T17:17:55","date_gmt":"2022-01-27T22:17:55","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=262657"},"modified":"2022-01-27T17:17:55","modified_gmt":"2022-01-27T22:17:55","slug":"yo-yo-markets-close-down-again","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/yo-yo-markets-close-down-again\/","title":{"rendered":"Yo-yo markets close down again"},"content":{"rendered":"<p>Following the same pattern of recent days, markets rallied in the morning only to fall in the afternoon. Though the Dow closed down a few points, essentially flat, the S&amp;P finished -0.54%, the Nasdaq -1.4% as tech led losses again and the TSX ended at a more modest -0.25%. The VIX slipped 3% Thursday, but was still above 30.<\/p>\n<p>Healthcare and energy were strong as the company Dow popped over 5% and <a href=\"https:\/\/stockchase.com\/company\/view\/811\/MRK-N\">Merck<\/a> rose 1.82%. Elsewhere, <a href=\"https:\/\/stockchase.com\/company\/view\/121\/AZN-N\">AstraZeneca<\/a> gained 4.2%, <a href=\"https:\/\/stockchase.com\/company\/view\/5969\/NOW-N\">ServiceNow<\/a> jumped 9.14% and <a href=\"https:\/\/stockchase.com\/company\/view\/2191\/NFLX-Q\">Netflix<\/a> rebounded 7.51% after Bill Ackman revealed he bought on the recent dip. The semiconductor stocks tanked as <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel<\/a> plunged over 7% and <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> slid 3%. <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> slid 11.55% and <a href=\"https:\/\/stockchase.com\/company\/view\/5776\/SPOT-N\">Spotify<\/a> fell 2% to 52-week lows after dumping Canadian legend Neil Young who challenged the company for allowing anti-vaccination lies to pollute its airwaves. The U.S. 10-year yield actually declined over 3% to 1.8% as <a href=\"https:\/\/stockchase.com\/company\/view\/6974\/CRYPTOBCH\">Bitcoin<\/a> fell 4% to $35,600.<\/p>\n<p>The TSX saw energy stocks rise yet again, though materials were weak. Big gainers in Toronto were <a href=\"https:\/\/stockchase.com\/company\/view\/5645\/STLC-T\">Stelco<\/a> up 8.14%, <a href=\"https:\/\/stockchase.com\/company\/view\/269\/CLS-T\">Celestica<\/a> 6.4%, <a href=\"https:\/\/stockchase.com\/company\/view\/814\/MRU-T\">Metro<\/a> 3.57% and <a href=\"https:\/\/stockchase.com\/company\/view\/1026\/RCIB-T\">Rogers<\/a> 3.32%. Losers included <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed<\/a> at -6.13%, <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> -6.05% and <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> -5.55% which has fallen by half from its all-time peak. Amid Russian threats of invading Ukraine, WTI crude declined 0.37% to $87 though WCS rose 0.6% to top $74.<\/p>\n<p>&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/811\/MRK-N\">Merck &amp; Company (MRK-N)<\/a> +1.82%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/company\/view\/121\/AZN-N\">Astrazeneca P L C (AZN-N)<\/a> +4.2%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/5969\/NOW-N\">Servicenow (NOW-N)<\/a> +9.14%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/company\/view\/2191\/NFLX-Q\">Netflix Inc. (NFLX-Q)<\/a> +7.51%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel (INTC-Q)<\/a> -7%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia Corp (NVDA-Q)<\/a> -3%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> -11.55%<br \/>\n&#x1f4bb; <a href=\"https:\/\/stockchase.com\/company\/view\/5776\/SPOT-N\">Spotify Technology SA (SPOT-N)<\/a> -2%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6974\/CRYPTOBCH\">Bitcoin Cash (CRYPTO:BCH)<\/a> -4%<br \/>\n&#x26d3; <a href=\"https:\/\/stockchase.com\/company\/view\/5645\/STLC-T\">Stelco Holdings Inc. (STLC-T)<\/a> +8.14%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/269\/CLS-T\">Celestica Inc (CLS-T)<\/a> +6.4%<br \/>\n&#x1f371; <a href=\"https:\/\/stockchase.com\/company\/view\/814\/MRU-T\">Metro Inc (A) (MRU-T)<\/a> +3.57%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/1026\/RCIB-T\">Rogers Communications (B) (RCI.B-T)<\/a> +3.32%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> -6.13%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis (ACB-T)<\/a> -6.05%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -5.55%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the same pattern of recent days, markets rallied in the morning only to fall in the afternoon. Though the Dow closed down a few points, essentially flat, the S&amp;P finished -0.54%, the Nasdaq -1.4% as tech led losses again [&hellip;]<\/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-262657","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\/262657","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=262657"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/262657\/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=262657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=262657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=262657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}