The week began with the major indices adding to Friday’s losses, which were triggered by hawkish comments made about interest rates by U.S. Fed chief, Jay Powell. The sell-off Monday wasn’t a surprise, though the TSX nearly finished in the green at only -0.19%. In contrast, the S&P closed -0.67%, the Nasdaq -1.02%, and the Dow -0.57%.<\/p>\n
As on Friday, tech saw the biggest losses as semis like AMD shed nearly 3%. There were losses across most sectors: Bristol-Myers Squibb<\/a> at -6.24%, Lumen Technologies<\/a> -4.37%, 3M<\/a> -2.09% and AMD<\/a> -2.95%. The only bright spot was energy. Diamondback<\/a> jumped 4% and Halliburton<\/a> added 2.57%. The U.S. 10-year yield climbed ot 3.11% as Bitcoin<\/a> rallied 3% past $20,000.<\/p>\n Back in Toronto, energy rallied as WTI leapt 4% to nearly $97 a barrel. However, industrials, consumer staples and materials sank. Big movers were Denison Mines<\/a> up 12.15%, Cameco<\/a> at 9.1%, and Tamarack Valley Energy<\/a> at 5.62%. heading down were TFI International<\/a> -6.47%, Lithium Americas<\/a> at -3.83% and Great-West Lifeco<\/a> -2.84%.<\/p>\n 💊 Bristol Myers Squibb (BMY-N)<\/a> -6.24% The week began with the major indices adding to Friday’s losses, which were triggered by hawkish comments made about interest rates by U.S. Fed chief, Jay Powell. The sell-off Monday wasn’t a surprise, though the TSX nearly finished in the […]<\/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-291658","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\/291658","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=291658"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/291658\/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=291658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=291658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=291658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n📡 Lumen Technologies Inc (LUMN-N)<\/a> -4.37%
\n💾 3M Co. (MMM-N)<\/a> -2.09%
\n💾 Advanced Micro Devices (AMD-Q)<\/a> -2.95%
\n💎 Diamondback Energy (FANG-Q)<\/a> +4%
\n🛢 Halliburton Co (HAL-N)<\/a> +2.57%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +3%
\n⛏ Denison Mines Corp (DML-T)<\/a> +12.15%
\n⛏ Cameco Corporation (CCO-T)<\/a> +9.1%
\n🛢 Tamarack Valley Energy (TVE-T)<\/a> +5.62%
\n🚚 TFI International Inc (TFII-T)<\/a> -6.47%
\n⛏ Lithium Americas Corp (LAC-T)<\/a> -3.83%
\n🏛 Great West Lifeco (GWO-T)<\/a> -2.84%<\/p>\n","protected":false},"excerpt":{"rendered":"