{"id":298050,"date":"2022-10-19T19:04:34","date_gmt":"2022-10-19T23:04:34","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=298050"},"modified":"2022-10-19T19:06:26","modified_gmt":"2022-10-19T23:06:26","slug":"netflix-and-yields-rise-stocks-fade","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/netflix-and-yields-rise-stocks-fade\/","title":{"rendered":"Netflix and yields rise, stocks fade"},"content":{"rendered":"

Despite some early upward movement and a pop in oil, stocks faded on Wednesday as yields climbed. Except for energy, all the sectors were down on Bay Street as the TSX retreated 0.68% following two days of convincing gains. Among the influential names on the TSX were The Bank of Nova Scotia<\/a> at -2.48%, Athabasca Oil<\/a> up 4.37% and Cenovus<\/a> at 4.05%. Also moving were Precision Drilling<\/a> by 6.69% and Parkland Fuel<\/a> closing at -7.14%. WTI oil rallied 3.6% to nearly $86 a barrel.<\/p>\n

On Wall Street, the S&P closed -0.67%, the Nasdaq -0.85%, and the Dow -0.33%. Here too energy rallied with Valero<\/a> up 5.32% for instance.<\/p>\n

The biggest gainers were companies who beat earnings and none more so than Netflix<\/a> which surprised the street who propelled shares by 13.09%. Similarly, Intuitive Surgical<\/a> reported a rosy quarter and saw shares jump nearly 9%. However, losing ground were the Bank of America<\/a> at -2.75%, the cruise line Carnival<\/a> at -4.95% and Moderna<\/a> by -7.88%. The U.S. 10-year yield touched multi-year highs of 4.12% while Bitcoin<\/a> slipped 0.7% but stayed above $19,000.<\/p>\n

🏛 Bank of Nova Scotia (BNS-T)<\/a> -2.48%
\n🛢 Athabasca Oil Sands Corp (ATH-T)<\/a> +4.37%
\n🛢 Cenovus Energy (CVE-T)<\/a> +4.05%
\n🛢 Precision Drilling (PD-T)<\/a> +6.69%
\n🚚 Parkland Fuel Corp (PKI-T)<\/a> -7.14%
\n🛢 Valero Energy Corp (VLO-N)<\/a> +5.32%
\n📺 Netflix Inc. (NFLX-Q)<\/a> +13.09%
\n🧫 Intuitive Surgical Inc. (ISRG-Q)<\/a> +9%
\n🏛 Bank of America (BAC-N)<\/a> -2.75%
\n🚢 Carnival Corp. (CCL-N)<\/a> -4.95%
\n💉 Moderna (MRNA-Q)<\/a> -7.88%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.7%<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite some early upward movement and a pop in oil, stocks faded on Wednesday as yields climbed. Except for energy, all the sectors were down on Bay Street as the TSX retreated 0.68% following two days of convincing gains. Among […]<\/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-298050","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\/298050","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=298050"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/298050\/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=298050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=298050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=298050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}