Wednesday saw another wild session as markets initially rallied on new U.S. inflation data which was slightly worse than expected, but signalled some easing. However, the sentiment turned bearish and stocks sold off. The S&P closed -1.65%, the Nasdaq -3.18% and the Dow -1.02%.<\/p>\n
Also, Bitcoin<\/a> slid 7% to nearly break below $29,000. Notable movers: bellweather Apple<\/a> sank 8% to well below the $150 mark; Microsoft<\/a> alow slid, down 3.32%, Ford<\/a> down 3.9%, Tesla<\/a> lost 8.25% and Carnival<\/a> retreated 4.51%. Energy enjoyed the only consistent rally as Marathon Oil<\/a> rose 3.2%. Add to that Electronic Arts<\/a> jumping nearly 8%. The U.S. 10-year yield remained below 3% though.<\/p>\n WTI and WCS both jumped $5.50 a barrel to $105 and $91 respectively. The rise in oil and to a lesser degree minerals limited the TSX’s losses to 0.27% as most sectors were in the red. Influential names included Manulife<\/a> down 1.34%, Shaw Communications<\/a> sliding 3.9% and Athabasca Oil<\/a> shedding 2.51%. Seeing upside were Suncor<\/a> by 3.44% and Whitecap Resources<\/a> by almost 4%. The Canadian dollar inched upwards to nearly 87 cents against the USD.<\/p>\n 🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -7% Wednesday saw another wild session as markets initially rallied on new U.S. inflation data which was slightly worse than expected, but signalled some easing. However, the sentiment turned bearish and stocks sold off. The S&P closed -1.65%, the Nasdaq -3.18% […]<\/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-277644","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\/277644","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=277644"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/277644\/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=277644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=277644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=277644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🍎 Apple (AAPL-Q)<\/a> -8%
\nⓂ Microsoft (MSFT-Q)<\/a> -3.32%
\n🚘 Ford Motor (F-N)<\/a> -3.9%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -8.25%
\n🚢 Carnival Corp. (CCL-N)<\/a> -4.51%
\n🛢 Marathon Oil (MRO-N)<\/a> +3.2%
\n🎮 Electronic Arts Inc (EA-Q)<\/a> +8%
\n🏛 Manulife Financial (MFC-T)<\/a> -1.34%
\n📡 Shaw Communication (B) (SJR.B-T)<\/a> -3.9%
\n🛢 Athabasca Oil Sands Corp (ATH-T)<\/a> -2.51%
\n🛢 Suncor Energy Inc (SU-T)<\/a> +3.44%
\n🛢 Whitecap Resources (WCP-T)<\/a> +4%<\/p>\n","protected":false},"excerpt":{"rendered":"