Western countries are considering sanctioning Russian oil to punish Russia for illegally invading Ukraine. The news triggered a sharp sell-off in world equities Monday. The S&P closed -2.95%, the Dow -2.37% and the Nasdaq -3.62%. As in recent sessions, surging commodity prices led by crude oil cushioned the TSX’s losses to only 0.46% on Monday. In Toronto, materials surged yet again while staples held even. Other sectors, namely tech, lost ground.<\/p>\n
The most active stocks were Suncor<\/a>, up 5%, and Bombardier<\/a> which plunged 16%. Other notable movers were Barrick Gold<\/a> up 3.38%, Vermilion Energy<\/a> up 12.86%, Meg Energy<\/a> by 7.89%, Nutrien<\/a> up 5.3%, Cargojet<\/a> which plunged 16.54%, Air Canada<\/a> down 10.55%, Canada Goose<\/a> falling 9.38% and Linamar<\/a> sinking 9%. WTI continued to soar, up 3.5% to $120 a barrel while WCS jumped about 5% to $107.50, levels last seen in 2008.<\/p>\n Wall Street faced an uglier day. Apple<\/a> sank 2.37%, Bank of American<\/a> shed 6.37% and American Airlines<\/a> dove 12%. The Dow components were covered in red, with only energy showing any gains. Losing ground were Boeing<\/a> at -6.45%, Nike<\/a> -5.14%, American Express<\/a> -7.99% (after all the major credit card companies pulled their business from Russia). Among the few gainers was Bed Bath & Beyond<\/a> which soared 34% on news of a major investment in the company. Meanwhile, Bitcoin<\/a> slid 3% to fall below $38,000 though gold cracked $20,000 during the session.<\/p>\n 🛢 Suncor Energy Inc (SU-T)<\/a> +5% Western countries are considering sanctioning Russian oil to punish Russia for illegally invading Ukraine. The news triggered a sharp sell-off in world equities Monday. The S&P closed -2.95%, the Dow -2.37% and the Nasdaq -3.62%. As in recent sessions, surging […]<\/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-268352","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\/268352","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=268352"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/268352\/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=268352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=268352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=268352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🚂 Bombardier Inc (B) (BBD.B-T)<\/a> -16%
\n🥇 Barrick Gold (ABX-T)<\/a> +3.38%
\n🛢 Vermilion Energy Inc (VET-T)<\/a> +12.86%
\n🛢 MEG Energy Corp (MEG-T)<\/a> +7.89%
\n🌿 Nutrien Ltd. (NTR-T)<\/a> +5.3%
\n🛫 Cargojet Inc (CJT-T)<\/a> -16.54%
\n🛫 Air Canada (AC-T)<\/a> -10.55%
\n🧣 Canada Goose Holdings (GOOS-T)<\/a> -9.38%
\n🚗 Linamar Corp (LNR-T)<\/a> -9%
\n🍎 Apple (AAPL-Q)<\/a> -2.37%
\n🏛 Bank of America (BAC-N)<\/a> -6.37%
\n🛫 American Airlines Group (AAL-Q)<\/a> -12%
\n✈ Boeing (BA-N)<\/a> -6.45%
\n👟 Nike Inc (NKE-N)<\/a> -5.14%
\n💳 American Express (AXP-N)<\/a> -7.99%
\n🛏 Bed Bath & Beyond (BBBY-Q)<\/a> +34%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -3%<\/p>\n","protected":false},"excerpt":{"rendered":"