{"id":283882,"date":"2022-06-28T18:24:30","date_gmt":"2022-06-28T22:24:30","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=283882"},"modified":"2022-06-28T18:24:30","modified_gmt":"2022-06-28T22:24:30","slug":"stocks-sink-oil-rises","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-sink-oil-rises\/","title":{"rendered":"Stocks sink, oil rises"},"content":{"rendered":"<p>The markets reverted to ongoing fears of hot inflation and rate hikes Tuesday and sold off most sectors except energy. On Wall Street, the S&amp;P closed -2.01%, the Nasdaq -2.98% and the Dow -1.56%.<\/p>\n<p>Gainers: <a href=\"https:\/\/stockchase.com\/company\/view\/2679\/HES-N\">Hess<\/a> up 5.67%, <a href=\"https:\/\/stockchase.com\/company\/view\/4856\/FANG-Q\">Diamondback Energy<\/a> 4.35%, <a href=\"https:\/\/stockchase.com\/company\/view\/1007\/QCOM-Q\">Qualcomm<\/a> 3.29% and <a href=\"https:\/\/stockchase.com\/company\/view\/1513\/OXY-N\">Occidental Petroleum<\/a> 4.79%. All S&amp;P sectors were down, especially consumer discretionary and tech, but not energy. Losers: <a href=\"https:\/\/stockchase.com\/company\/view\/6206\/ENPH-Q\">Enphase<\/a> -7.53%, <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">Salesforce<\/a> -5.43%, <a href=\"https:\/\/stockchase.com\/company\/view\/6316\/DOCU-Q\">DocuSign<\/a> -6.83%, <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike<\/a> -6.99% and <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon<\/a> -5.14%. The U.S. 10-year yield touched 3.122% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> slid nearly 3% back to $20,000.<\/p>\n<p>The TSX nearly broke even on oil&#8217;s strength. The index shed only 17 points. WTI rose 2% to nearly $112 and WCS climbed 1.5% to over $93. Tech and materials were especially weak. Major movers: <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources<\/a> 8.81%, <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley<\/a> 6.87%, <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex Energy<\/a> 6.42% and <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy<\/a> 5.08%. Losing ground were <a href=\"https:\/\/stockchase.com\/company\/view\/707\/K-T\">Kinross Gold<\/a> at -7.02%, <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed Commerce<\/a> -6.97%, <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold<\/a> -6.49% and <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> -6.17%.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/2679\/HES-N\">Hess Corp. (HES-N)<\/a> +5.67%<br \/>\n&#x1f48e; <a href=\"https:\/\/stockchase.com\/company\/view\/4856\/FANG-Q\">Diamondback Energy (FANG-Q)<\/a> +4.35%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/1007\/QCOM-Q\">Qualcomm (QCOM-Q)<\/a> +3.29%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1513\/OXY-N\">Occidental Petroleum Corp (OXY-N)<\/a> +4.79%<br \/>\n&#x26a1; <a href=\"https:\/\/stockchase.com\/company\/view\/6206\/ENPH-Q\">Enphase Energy (ENPH-Q)<\/a> -7.53%<br \/>\n&#x1f4a8; <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">SalesForce.com Inc. (CRM-N)<\/a> -5.43%<br \/>\n&#x1f4bb; <a href=\"https:\/\/stockchase.com\/company\/view\/6316\/DOCU-Q\">Docusign (DOCU-Q)<\/a> -6.83%<br \/>\n&#x1f45f; <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike Inc (NKE-N)<\/a> -6.99%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon.com (AMZN-Q)<\/a> -5.14%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -3%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources Ltd (ARX-T)<\/a> +8.81%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4533\/TVE-T\">Tamarack Valley Energy (TVE-T)<\/a> +6.87%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> +6.42%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy Corp (CPG-T)<\/a> +5.08%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/707\/K-T\">Kinross Gold (K-T)<\/a> -7.02%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> -6.97%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold Corp (MOZ-T)<\/a> -6.49%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -6.17%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The markets reverted to ongoing fears of hot inflation and rate hikes Tuesday and sold off most sectors except energy. On Wall Street, the S&amp;P closed -2.01%, the Nasdaq -2.98% and the Dow -1.56%. Gainers: Hess up 5.67%, Diamondback Energy [&hellip;]<\/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-283882","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\/283882","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=283882"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/283882\/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=283882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=283882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=283882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}