Tuesday markets in Toronto and New York were mixed following Monday’s rout which saw the TSX enter a correction and New York’s indices a bear market. The S&P closed -0.37%, the Nasdaq 0.32% and the Dow -0.5% after opening in slight positivity and sinking for much of the day. Meanwhile, the U.S. 10-year yield continued to climb, hitting 3.479% while Bitcoin slid further to nearly $22,000.<\/p>\n
Big movers included FedEx<\/a> which soared 14.41% after raising its dividend over 50% and overhauling its executive suite. Oracle<\/a> jumped 10.51%, Boeing<\/a> 4.73% and Ford<\/a> 3.34%. Meanwhile, Carnival<\/a> closed -4.19%, Crown Castle<\/a> -4.81%, Royal Caribbean<\/a> -4.41% and American Airlines<\/a> -2.82% as travel names took a hit.<\/p>\n Weakness in energy and utilities pressured the TSX down nearly 1%. WTI crude fell to nearly $118 a barrel and WCS to below $100. Baytex<\/a> fell 4.85%, Crescent Point<\/a> slid 4% and Air Canada<\/a> dipped nearly 5%. Meanwhile, Bombardier<\/a> tanked by 18.21%. In contrast, weed names like Aurora<\/a> surged about 7% as Nutrien<\/a> climbed 4%. Meanwhile, the market waits for the U.S. Fed to announce its next interest hike, widely expected to be 75 basis points.<\/p>\n 📦 FedEx (FDX-N)<\/a> +14.41% Tuesday markets in Toronto and New York were mixed following Monday’s rout which saw the TSX enter a correction and New York’s indices a bear market. The S&P closed -0.37%, the Nasdaq 0.32% and the Dow -0.5% after opening in […]<\/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-282038","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\/282038","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=282038"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/282038\/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=282038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=282038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=282038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💾 Oracle (ORCL-N)<\/a> +10.51%
\n🛫 Boeing (BA-N)<\/a> +4.73%
\n🚘 Ford Motor (F-N)<\/a> +3.34%
\n🚢 Carnival Corp. (CCL-N)<\/a> -4.19%
\n🏛 Crown Castle International (CCI-N)<\/a> -4.81%
\n🚢 Royal Caribbean Cruises (RCL-N)<\/a> -4.41%
\n🛫 American Airlines Group (AAL-Q)<\/a> -2.82%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> -4.85%
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> -4%
\n🛫 Air Canada (AC-T)<\/a> -5%
\n🚂 Bombardier Inc (B) (BBD.B-T)<\/a> -18.21%
\n🌿 Aurora Cannabis (ACB-T)<\/a> +7%
\n🌿 Nutrien Ltd. (NTR-T)<\/a> +4%<\/p>\n","protected":false},"excerpt":{"rendered":"