Stocks on Wednesday gave back recent gains. The S&P closed -1.23%, the Nasdaq -1.32% and the Dow -1.29%. On Wall Street, energy and utilities thrived while financials and industrials lagged.<\/p>\n
Losing ground were Adobe<\/a>, down 9.14%, after issuing disappointing guidance despite beating its latest numbers. Micron<\/a> came in at -4.27% and Wells Fargo<\/a> -4.2%. Gainers were Schlumberger<\/a> up 2.99%, Diamondback Energy<\/a> at 3.91% and Newmont<\/a> at 3.77%. The U.S. 10-year yield slipped to 2.3% while Bitcoin<\/a> declined 0.7% to around $42,300.<\/p>\n A surge in oil prices cushioned the TSX’s losses to 0.55%, though the index fell below 22,000 after scaling recent record highs. WTI jumped 4.7% to $114 a barrel while WCS leapt 6% to $103.50. Energy and materials surged while financials trailed, especially the banks. BMO<\/a> announced an equity issuance to pay for an American bank they’re buying and shares sank 3.71%. The other big banks tumbled as well. Bombardier<\/a> shed 2.63% and Air Canada<\/a> sank 2.5% Winners were Boyd Group Services<\/a> up 12.47%, Gran Tierra Energy<\/a> by 7.69% and Trican Well Service<\/a> up 7.69%.<\/p>\n 💾 Adobe Systems (ADBE-Q)<\/a> -9.14% Stocks on Wednesday gave back recent gains. The S&P closed -1.23%, the Nasdaq -1.32% and the Dow -1.29%. On Wall Street, energy and utilities thrived while financials and industrials lagged. Losing ground were Adobe, down 9.14%, after issuing disappointing guidance […]<\/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-270751","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\/270751","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=270751"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/270751\/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=270751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=270751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=270751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🧬 Micron Technology (MU-Q)<\/a> -4.27%
\n🏛 Wells Fargo (WFC-N)<\/a> -4.2%
\n🛢 Schlumberger Ltd. (SLB-N)<\/a> +2.99%
\n💎 Diamondback Energy (FANG-Q)<\/a> +3.91%
\n🥇 Newmont Goldcorp (NGT-T)<\/a> +3.77%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.7%
\n🏛 Bank of Montreal (BMO-T)<\/a> -3.71%
\n🚂 Bombardier Inc (B) (BBD.B-T)<\/a> -2.63%
\n🛫 Air Canada (AC-T)<\/a> -2.5%
\n🔩 Boyd Group Services Inc. (BYD-T)<\/a> +12.47%
\n🛢 Gran Tierra Energy Inc. (GTE-T)<\/a> +7.69%
\n🛢 Trican Well Service Ltd. (TCW-T)<\/a> +7.69%<\/p>\n","protected":false},"excerpt":{"rendered":"