{"id":265911,"date":"2022-02-17T17:02:56","date_gmt":"2022-02-17T22:02:56","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=265911"},"modified":"2022-02-17T17:02:56","modified_gmt":"2022-02-17T22:02:56","slug":"stocks-sink-on-russian-tensions","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-sink-on-russian-tensions\/","title":{"rendered":"Stocks sink on Russian tensions"},"content":{"rendered":"<p>Renewed fears of Russia invading Ukraine as well as ongoing concerns over rising interest rates triggered a steep sell-off Thursday. The S&amp;P closed -2.12%, the Nasdaq -2.88% to below 13,800 and the Dow -1.78% in its worst day of 2022. Even though tech slid, the U.S. 10-year yield also fell, losing 4% to 1.961%.<\/p>\n<p>Wall Street gainers included <a href=\"https:\/\/stockchase.com\/WMT-N\">Walmart<\/a> and <a href=\"https:\/\/stockchase.com\/MRO-N\">Marathon Oil<\/a>, both up 4%, <a href=\"https:\/\/stockchase.com\/CLX-N\">Clorox<\/a> by 3.26% and <a href=\"https:\/\/stockchase.com\/NEM-N\">Newmont<\/a> at 5.48%. Laggards included the semis, starting with <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> at -7.57% in heavy trading, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -4.88%, financials like <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America<\/a> at -3.38% and <a href=\"https:\/\/stockchase.com\/PYPL-Q\">PayPal<\/a> -4.68%. Cryptos offered little salvation as <a href=\"https:\/\/stockchase.com\/CRYPTO:BCH\">Bitcoin<\/a> tanked 7.55% to dip under $41,000.<\/p>\n<p>Again, things were a little calmer in Canada as the TSX shed about 1%. Materials were the only sector to enjoy serious gains. No surprise that many gainers were mining names: <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick<\/a> up 4.68%, <a href=\"https:\/\/stockchase.com\/YRI-T\">Yamana<\/a> 5.15%, <a href=\"https:\/\/stockchase.com\/AEM-T\">Aginco Eagle<\/a> 7.6%. Not all miners rallied. <a href=\"https:\/\/stockchase.com\/OSK-T\">Osisko<\/a> tanked 13.78%. Elsewhere, <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> continued to drop, down 10.95%, <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed<\/a> lost 8.56% and <a href=\"https:\/\/stockchase.com\/ACB-T\">Aurora Cannabis<\/a> fell 7.02%. Beyond that, <a href=\"https:\/\/stockchase.com\/WEF-T\">Western Forest Products<\/a> rose 3.33% and <a href=\"https:\/\/stockchase.com\/CTC.A-T\">Canadian Tire<\/a> climbed 2.25% in strong earnings. WTI crude also retreated, losing more than 2% to trade around $91.50 a barrel, while WCS slipped 0.6% to $77.50<\/p>\n<p>&#x1f6d2; <a href=\"https:\/\/stockchase.com\/WMT-N\">Walmart Inc (WMT-N)<\/a> +4%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/MRO-N\">Marathon Oil (MRO-N)<\/a> +4%<br \/>\n&#x1f9f4; <a href=\"https:\/\/stockchase.com\/CLX-N\">Clorox Company (CLX-N)<\/a> +3.26%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/NEM-N\">Newmont Mining (US) (NEM-N)<\/a> +5.48%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia Corp (NVDA-Q)<\/a> -7.57%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> -4.88%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America (BAC-N)<\/a> -3.38%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/PYPL-Q\">PayPal Holdings Inc. (PYPL-Q)<\/a> -4.68%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BCH\">Bitcoin Cash (CRYPTO:BCH)<\/a> -7.55%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold (ABX-T)<\/a> +4.68%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/YRI-T\">Yamana Gold Inc. (YRI-T)<\/a> +5.15%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/AEM-T\">Agnico-Eagle Mines (AEM-T)<\/a> +7.6%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/OSK-T\">Osisko Mining (OSK-T)<\/a> -13.78%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -10.95%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> -8.56%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/ACB-T\">Aurora Cannabis (ACB-T)<\/a> -7.02%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/WEF-T\">Western Forest Products Inc. (WEF-T)<\/a> +3.33%<br \/>\n&#x1f6d2; <a href=\"https:\/\/stockchase.com\/CTC.A-T\">Canadian Tire Corporation Ltd. (A) (CTC.A-T)<\/a> +2.25%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renewed fears of Russia invading Ukraine as well as ongoing concerns over rising interest rates triggered a steep sell-off Thursday. The S&amp;P closed -2.12%, the Nasdaq -2.88% to below 13,800 and the Dow -1.78% in its worst day of 2022. [&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-265911","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\/265911","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=265911"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/265911\/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=265911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=265911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=265911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}