Thursday saw the all-important U.S. 10-year yield continue to climb, touching 4.23%. Meanwhile, U.S. earnings kept rolling in, offering generally positive results. However, the indices gave back recent gains as the S&P closed -0.8%, the Nasdaq -0.61%, and the Dow -0.3%. Eight of the 11 S&P sectors were negative.<\/p>\n
Winners and losers depended on their earnings reports. In the former camp were AT&T<\/a>, jumping 7.69%, Las Vegas Sands<\/a> at 5.42% and IBM<\/a> adding 4.73% on good quarters. In contrast, Allstate<\/a> sank 12.9% and Tesla<\/a> slid 6.4% on a disappointing report. Elon Musk’s carmaker was the talk of the town as it cut growth projections and missed some key metrics.<\/p>\n Crude oil rose modestly to the tune of $86 per barrel of WTI and $58 for WCS. That still made energy as well as real estate the leader sectors in Toronto, while utilities and consumer staples lagged. The TSX itself shed 0.63%. Major gainers were Cenovus<\/a> up 3.11%, Shopify<\/a> by 4.87% and First Majestic Silver<\/a> popping 5.46%. Losing ground were the banks, including CIBC<\/a> at -1.12% and Royal<\/a> at -1.26%. Also weak was Mullen Group<\/a> at -9.07%.<\/p>\n 📱 AT&T (T-N)<\/a> +7.69% Thursday saw the all-important U.S. 10-year yield continue to climb, touching 4.23%. Meanwhile, U.S. earnings kept rolling in, offering generally positive results. However, the indices gave back recent gains as the S&P closed -0.8%, the Nasdaq -0.61%, and the Dow […]<\/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-298222","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\/298222","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=298222"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/298222\/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=298222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=298222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=298222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n♠ Las Vegas Sands Corp. (LVS-N)<\/a> +5.42%
\n💾 IBM (IBM-N)<\/a> +4.73%
\n👨⚕️ Allstate (ALL-N)<\/a> -12.9%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -6.4%
\n🛢 Cenovus Energy (CVE-T)<\/a> +3.11%
\n🛍 Shopify Inc. (SHOP-T)<\/a> +4.87%
\n🥈 First Majestic Silver (FR-T)<\/a> +5.46%
\n🏛 Canadian Imperial Bank of Commerce (CM-T)<\/a> -1.12%
\n🏛 Royal Bank (RY-T)<\/a> -1.26%
\n🚚 Mullen Group Ltd (MTL-T)<\/a> -9.07%<\/p>\n","protected":false},"excerpt":{"rendered":"