{"id":295452,"date":"2022-09-29T17:52:32","date_gmt":"2022-09-29T21:52:32","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=295452"},"modified":"2022-09-29T17:52:32","modified_gmt":"2022-09-29T21:52:32","slug":"the-bears-strike-back","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/the-bears-strike-back\/","title":{"rendered":"The bears strike back"},"content":{"rendered":"<p>A day after after a sharp rally, Thursday saw the bears return to sell those gains and then some. Declines were deeper in New York as the S&amp;P closed -2.11%, the Nasdaq -2.84% and the Dow -1.54%. All 11 sectors of the S&amp;P were negative.<\/p>\n<p>Notable decliners included <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> at -5.21%, still smarting from announcement of a cutback in iPhone production, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -6.94%, <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> -5.95% and <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> at -5.79%. Among the gainers were <a href=\"https:\/\/stockchase.com\/DVN-N\">Devon Energy<\/a> up 1.57% and <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx<\/a> by 1.25%. The U.S. 10-year yield inched up to 3.767% while Bitcoin had a choppy session but held around $19,400 by the closing bell.<\/p>\n<p>The TSX fared relatively better, losing only 1.05%. Energy and materials enjoyed modest gains, but most other sectors were down. Hardest hit were utilities, consumer discretionary and real estate. Notable movers were <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy<\/a> at -2.59%, <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold<\/a> up 1.52%, <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> at -7.98%, <a href=\"https:\/\/stockchase.com\/AC-T\">Air Canada<\/a> -6.74% and <a href=\"https:\/\/stockchase.com\/LNR-T\">Linamar<\/a> at -11.65%. WTI crude shed 0.78% to trade around $81.50.<\/p>\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple (AAPL-Q)<\/a> -5.21%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> -6.94%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> -5.95%<br \/>\n&#x1f698; <a href=\"https:\/\/stockchase.com\/F-N\">Ford Motor (F-N)<\/a> -5.79%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/DVN-N\">Devon Energy Corp (DVN-N)<\/a> +1.57%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx (FDX-N)<\/a> +1.25%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy (TRP-T)<\/a> -2.59%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold (ABX-T)<\/a> +1.52%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -7.98%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/AC-T\">Air Canada (AC-T)<\/a> -6.74%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/LNR-T\">Linamar Corp (LNR-T)<\/a> -11.65%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A day after after a sharp rally, Thursday saw the bears return to sell those gains and then some. Declines were deeper in New York as the S&amp;P closed -2.11%, the Nasdaq -2.84% and the Dow -1.54%. All 11 sectors [&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-295452","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\/295452","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=295452"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/295452\/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=295452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=295452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=295452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}