{"id":284660,"date":"2022-07-05T17:57:11","date_gmt":"2022-07-05T21:57:11","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=284660"},"modified":"2022-07-05T17:57:11","modified_gmt":"2022-07-05T21:57:11","slug":"wall-street-rebounds-oil-sinks-tsx","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/wall-street-rebounds-oil-sinks-tsx\/","title":{"rendered":"Wall Street rebounds, oil sinks TSX"},"content":{"rendered":"<p>Recession fears pressured stocks in New York Tuesday, but they recovered by the end of the session. The S&amp;P rose 0.16%, the Nasdaq 1.75% though the Dow closed -0.42%. The U.S. 10-year yield continued to fade, down to 2.825% though <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> bounced 3% to $20,400.<\/p>\n<p>Industrials were weak such as <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> at -2.54%, <a href=\"https:\/\/stockchase.com\/company\/view\/732\/LMT-N\">Lockheed Martin<\/a> -4.21%, <a href=\"https:\/\/stockchase.com\/company\/view\/873\/NOC-N\">Northrop Grumman<\/a> -4.53% and energy including <a href=\"https:\/\/stockchase.com\/company\/view\/337\/CVX-N\">Chevron<\/a> at -2.63%. However, some teach heavyweights rallied starting with <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> up 1.89%, <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet (class C)<\/a> at 4.41%, <a href=\"https:\/\/stockchase.com\/company\/view\/7016\/FB-Q\">Meta<\/a> 5.1%, <a href=\"https:\/\/stockchase.com\/company\/view\/638\/INTU-Q\">Intuit<\/a> 3.07% and <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">Salesforce<\/a> by 2.38%. <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike<\/a> jumped 3.1% and <a href=\"https:\/\/stockchase.com\/company\/view\/3890\/CMG-N\">Chipotle<\/a> sizzled by 4.28%.<\/p>\n<p>In contrast, TSX sank over 1% to fall below 19,000 as crude oil slid. WTI tanked 8% to below $100 while WCS sank nearly 10% to $81. By far, the biggest losers on Bay Street were energy: <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources<\/a> -8.15%, <a href=\"https:\/\/stockchase.com\/company\/view\/2175\/BIR-T\">Birchcliff<\/a> -9.08%, and <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> -10.67%. Winners were <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> soaring nearly 10%, <a href=\"https:\/\/stockchase.com\/company\/view\/5891\/BHC-T\">Bausch Health<\/a> up 8.16%, <a href=\"https:\/\/stockchase.com\/company\/view\/5508\/CRON-T\">Cronos Group<\/a> at 7.46% and <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">Blackberry<\/a> adding 5.44%.<\/p>\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +3%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar (CAT-N)<\/a> -2.54%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/732\/LMT-N\">Lockheed Martin (LMT-N)<\/a> -4.21%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/873\/NOC-N\">Northrop Grumman (NOC-N)<\/a> -4.53%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/337\/CVX-N\">Chevron Texaco (CVX-N)<\/a> -2.63%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple (AAPL-Q)<\/a> +1.89%<br \/>\n&#x1f9ee; <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet Inc. \/ Google (GOOG-Q)<\/a> +4.41%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/7016\/FB-Q\">Meta Platforms, Inc. (FB-Q)<\/a> +5.1%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/638\/INTU-Q\">Intuit Inc. (INTU-Q)<\/a> +3.07%<br \/>\n&#x1f4a8; <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">SalesForce.com Inc. (CRM-N)<\/a> +2.38%<br \/>\n&#x1f45f; <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike Inc (NKE-N)<\/a> +3.1%<br \/>\n&#x1f336; <a href=\"https:\/\/stockchase.com\/company\/view\/3890\/CMG-N\">Chipotle Mexican Grill (CMG-N)<\/a> +4.28%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/32\/ARX-T\">Arc Resources Ltd (ARX-T)<\/a> -8.15%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/2175\/BIR-T\">Birchcliff Energy Ltd. (BIR-T)<\/a> -9.08%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs (CNQ-T)<\/a> -10.67%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +10%<br \/>\n&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/5891\/BHC-T\">Bausch Health Companies Inc. (BHC-T)<\/a> +8.16%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5508\/CRON-T\">Cronos Group Inc (CRON-T)<\/a> +7.46%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry (BB-T)<\/a> +5.44%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recession fears pressured stocks in New York Tuesday, but they recovered by the end of the session. The S&amp;P rose 0.16%, the Nasdaq 1.75% though the Dow closed -0.42%. The U.S. 10-year yield continued to fade, down to 2.825% though [&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-284660","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\/284660","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=284660"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/284660\/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=284660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=284660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=284660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}