Ongoing worries of a future recession and rising interest rates continued to pressure stocks on Thursday. The TSX ended -1.18% for the day (to fall below 19,000), but -11% for the first half of 2022. That is roughly half as bad as the S&P’s performance, which has sunk over 20% for the first half. Only real estate and utilities saw gains in Toronto, leaving the other sectors in the red.<\/p>\n
Losers included Air Canada<\/a> at -6% as it continues to cancel flights due to staffing shortages, Canopy<\/a> -18.49%, Equinox Gold<\/a> -6.82%, New Gold<\/a> -6.16% and Osisko Mining<\/a> -6.13%. Among the few gainers were Canfor<\/a> up 3.74% and Brookfield Infrastructure<\/a> up 2.87%. It didn’t help that crude oil slid, with WTI down 3.5% below $106.<\/p>\n On Wall Street, the S&P closed -1.25%, the Nasdaq -1.7% and the Dow -1.15%. Gainers included Enphase<\/a> up 5.74%, Northrup Grunman<\/a> by 3.63% and defence name Raytheon<\/a> adding 3%. There were more losers, including Ford<\/a> at -3.3%, Carnival<\/a> -2.76%, Nvidia<\/a> -3%, Apple<\/a> -2.32% and Amazon<\/a> -2.84%. The S&P had its worst first half of a year since 1962. The U.S. 10-year yield slipped to 3.018%, but Bitcoin<\/a> tanked over 5% to $19,000 as the crypto rout continued. The TSX is closed tomorrow for Canada Day.<\/p>\n 🛫 Air Canada (AC-T)<\/a> -6% Ongoing worries of a future recession and rising interest rates continued to pressure stocks on Thursday. The TSX ended -1.18% for the day (to fall below 19,000), but -11% for the first half of 2022. That is roughly half as […]<\/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-284205","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\/284205","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=284205"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/284205\/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=284205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=284205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=284205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🌿 Canopy Growth Corp. (WEED-T)<\/a> -18.49%
\n🥇 Equinox Gold (EQX-T)<\/a> -6.82%
\n🥇 New Gold Inc. (NGD-T)<\/a> -6.16%
\n⛏ Osisko Mining (OSK-T)<\/a> -6.13%
\n🌲 Canfor Corp (CFP-T)<\/a> +3.74%
\n🏛 Brookfield Infrastructure Partners (BIP.UN-T)<\/a> +2.87%
\n⚡ Enphase Energy (ENPH-Q)<\/a> +5.74%
\n🚚 Northrop Grumman (NOC-N)<\/a> +3.63%
\n💣 Raytheon (RTX-N)<\/a> +3%
\n🚘 Ford Motor (F-N)<\/a> -3.3%
\n🚢 Carnival Corp. (CCL-N)<\/a> -2.76%
\n💾 Nvidia Corp (NVDA-Q)<\/a> -3%
\n🍎 Apple (AAPL-Q)<\/a> -2.32%
\n📦 Amazon.com (AMZN-Q)<\/a> -2.84%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -5%<\/p>\n","protected":false},"excerpt":{"rendered":"