Ongoing escalation in Russia’s invasion of Ukraine and the backdrop of hot inflation continued to weigh on markets Monday as both tech stocks and oil sold off. WTI sank 7% to below $102 and WCS sank over 8.5% to $88. Oil’s weakness, joined by materials, pushed the TSX down by 1.34%. The only sector to enjoy any gains was financials.<\/p>\n
The most-traded stocks were CNQ<\/a> at -4.41%, Suncor<\/a> -2.64%, Cenovus<\/a> -5.95%, Shopify<\/a> -5.32%, Dye & Durham<\/a> -3.94% and BCE<\/a> -3.26%. The few gainers included Aritzia<\/a>, up 3.57% and Cineplex<\/a>, adding 3%. Turquoise Hill Resources<\/a> rocketed over 32% after Rio Tinto’s bid to buy it.<\/p>\n The picture was only marginally better on Wall Street as the S&P closed -1.29%, the Dow -0.7% and the Nasdaq -2.18%. Tech bore the brunt of the selling yet again. Eyes were on Apple<\/a>, which fell beneath a key level of support by 2.66% to finish just above $150. Affirm Holdings<\/a> sank 15%, Amazon<\/a> slipped 2.52% and Chinese stocks continued to fall as Baidu<\/a> slipped 8.37%. The few bright spots included BioNTech<\/a> jumping 12% and AMC<\/a> rallying nearly 7%. Bitcoin<\/a> slipped 0.3% to stay below $39,000 while gold retreated nearly 2% to $1,950. Meanwhile, the U.S. 10-year yield surged to 2.147%.<\/p>\n 🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> -4.41% Ongoing escalation in Russia’s invasion of Ukraine and the backdrop of hot inflation continued to weigh on markets Monday as both tech stocks and oil sold off. WTI sank 7% to below $102 and WCS sank over 8.5% to $88. […]<\/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-269396","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\/269396","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=269396"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/269396\/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=269396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=269396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=269396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Suncor Energy Inc (SU-T)<\/a> -2.64%
\n🛢 Cenovus Energy (CVE-T)<\/a> -5.95%
\n🛍 Shopify Inc. (SHOP-T)<\/a> -5.32%
\n💾 Dye & Durham (DND-T)<\/a> -3.94%
\n📡 BCE Inc. (BCE-T)<\/a> -3.26%
\n👗 Aritzia Inc. (ATZ-T)<\/a> +3.57%
\n🎞 Cineplex Inc (CGX-T)<\/a> +3%
\n⛏ Turquoise Hill Resources (TRQ-T)<\/a> +32%
\n🍎 Apple (AAPL-Q)<\/a> -2.66%
\n🏛 Affirm Holdings (AFRM-Q)<\/a> -15%
\n📦 Amazon.com (AMZN-Q)<\/a> -2.52%
\n🈲 Baidu.com (BIDU-Q)<\/a> -8.37%
\n👨⚕️ BioNTech (BNTX-Q)<\/a> +12%
\n📺 AMC Entertainment Holdings Inc. (AMC-N)<\/a> +7%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.3%<\/p>\n","protected":false},"excerpt":{"rendered":"