A choppy Thursday ended with the TSX slipping by only five points, but seeing the American indices decline. Wall Street continued to digest the U.S. Fed’s announcement of hiking interest rates by 0.25% later this month while most of the world continues to monitor Russia’s illegal invasion of Ukraine. In Toronto, industrial, staples and materials rallied while tech and energy lagged, the latter pausing its recent run. WTI crude retreated 2% to $108 a barrel while WCS slid 3.5% to around $96.<\/p>\n
Major laggards were Cenovus<\/a> closing at -2.6%, Kinross Gold<\/a> at -2.62%, TD<\/a> -3.14% and Arc Resources<\/a> -4.15%. Rallying were Hexo<\/a> by 4.11%, Capstone Mining<\/a> at 5.87% and Teck Resources<\/a> 4.09%.<\/p>\n American markets remained volatile as the VIX hovered around 30. The S&P closed -0.52%, the Nasdaq -1.56% and the Dow -0.29% after swinging 500 points between green and red throughout Thursday. Gainers included Dollar Tree<\/a> which jumped 4.69%, retailer Kroger<\/a> which soared 11.61% on a positive report, and Best Buy<\/a> which leapt 9.22% also after their quarter. Laggards included Tesla<\/a> at -4.61%, Domino’s<\/a> -4.86%, Boeing<\/a> -4.53% and Darden Restaurants<\/a> -5.22%. The U.S. 10-year yield climbed to 1.853%, while Bitcoin<\/a> dropped 4% to $42,000.<\/p>\n 🛢 Cenovus Energy (CVE-T)<\/a> -2.6% A choppy Thursday ended with the TSX slipping by only five points, but seeing the American indices decline. Wall Street continued to digest the U.S. Fed’s announcement of hiking interest rates by 0.25% later this month while most of the […]<\/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-267935","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\/267935","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=267935"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/267935\/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=267935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=267935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=267935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🥇 Kinross Gold (K-T)<\/a> -2.62%
\n🏛 Toronto Dominion (TD-T)<\/a> -3.14%
\n🛢 Arc Resources Ltd (ARX-T)<\/a> -4-15%
\n🌿 Hexo Corp (HEXO-T)<\/a> +4.11%
\n⛏ Capstone Mining Corp. (CS-T)<\/a> +5.87%
\n🛢 Teck Resources Ltd. (B) (TECK.B-T)<\/a> +4.09%
\n🛒 Dollar Tree (DLTR-Q)<\/a> +4.69%
\n🛒 Kroger Co. (KR-N)<\/a> +11.61%
\n📦 Best Buy Company Inc (BBY-N)<\/a> +9.22%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -4.61%
\n🍕 Domino’s Pizza, Inc. (DPZ-N)<\/a> -4.86%
\n🛫 Boeing (BA-N)<\/a> -4.53%
\n🥗 Darden Restaurants (DRI-N)<\/a> -5.22%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -4%<\/p>\n","protected":false},"excerpt":{"rendered":"