Profit-taking and\/or facing optimism over the Russia-Ukraine peace talks pushed stocks down on Wednesday and oil up. Wall Street reversed recent gains as the S&P closed -0.63%, the Nasdaq -1.21% and the Dow -0.19%, though they closed off the session lows and the VIX remained below 20.<\/p>\n
Industrials and healthcare enjoyed gains as UnitedHealth<\/a> and Lockheed Martin<\/a> both added around 2%. However, chipmakers suffered serious losses with Micron<\/a> down 3.52%, AMD<\/a> falling 3.25% and Nvidia<\/a> slipping 3.37% Banks also lagged as Wells Fargo<\/a> slid 2.89% and Citigroup<\/a> declined 2.66%. Despite losses in tech stocks, the U.S. 10-year yield slipped to 2.34%. Bitcoin lost a bit of ground but remained above $47,000.<\/p>\n Crude oil rebounded as WTI and WCS rose around 3% past $107 and $96 respectively. Oil’s strength allowed the TSX to remain essentially flat for the day, down 11 points. In Toronto, materials and telcos also rallied while real estate sank. Major movers were Lithium Americas<\/a> up 11.68%, Xebec Adsorption<\/a> at 11.46%, Bonterra Energy<\/a> 4.84% and Aritizia<\/a> 4.55%. In contrast, Valens<\/a> tanked 26%, Shopify<\/a> slid 5.38% and Bitcoiner Hut 8 Mining<\/a> slid 5.12%. The Canadian dollar managed to inch to 80 cents against the American greenback.<\/p>\n 👨⚕️ UnitedHealth Group Inc (UNH-N)<\/a> +2% Profit-taking and\/or facing optimism over the Russia-Ukraine peace talks pushed stocks down on Wednesday and oil up. Wall Street reversed recent gains as the S&P closed -0.63%, the Nasdaq -1.21% and the Dow -0.19%, though they closed off the session […]<\/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-271619","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\/271619","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=271619"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/271619\/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=271619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=271619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=271619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💣 Lockheed Martin (LMT-N)<\/a> +2%
\n💾 Micron Technology (MU-Q)<\/a> -3.52%
\n💾 Advanced Micro Devices (AMD-Q)<\/a> -3.25%
\n💾 Nvidia Corp (NVDA-Q)<\/a> -3.37%
\n🏛 Wells Fargo (WFC-N)<\/a> -2.89%
\n🏛 Citigroup Inc. (C-N)<\/a> -2.66%
\n🥈 Lithium Americas Corp (LAC-T)<\/a> +11.68%
\n🔩 Xebec Adsorptions Inc (XBC-T)<\/a> +11.46%
\n🛢 Bonterra Energy Corp (BNE-T)<\/a> +4.84%
\n👗 Aritzia Inc. (ATZ-T)<\/a> +4.55%
\n🌿 The Valens Company (VLNS-T)<\/a> -26%
\n🛍 Shopify Inc. (SHOP-T)<\/a> -5.38%
\n⌨ Hut 8 Mining Corp. (HUT-T)<\/a> -5.12%<\/p>\n","protected":false},"excerpt":{"rendered":"