{"id":302102,"date":"2022-11-16T17:00:46","date_gmt":"2022-11-16T22:00:46","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=302102"},"modified":"2022-11-17T06:59:16","modified_gmt":"2022-11-17T11:59:16","slug":"retail-weighs-on-stocks-yield-declines","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/retail-weighs-on-stocks-yield-declines\/","title":{"rendered":"Retail weighs on stocks, yield declines"},"content":{"rendered":"

Wednesday saw a mostly down day in trading, highlighted by American retail stocks. In particular, Target<\/a> sank over 13% after warning of soft holiday sales ahead. The retail chain helped drag the S&P down by 0.83% below 4,000, the Dow shed only 0.12% while the Nasdaq slipped 1.54%.<\/p>\n

Major movers on Wall Street included the semis with AMD<\/a> sliding 4.81% and Intel<\/a> losing 3.84%. Elsewhere, cruise line Caribbean<\/a> sank 13.71% and Tesla<\/a> skidded by 3.86%. In contrast, TJX<\/a> surged 5.19%. The U.S. 10-year yield ticked down to 3.694% as Bitcoin<\/a> retreated 2% to around $16,500.<\/p>\n

Canadian stocks fared a little better with the TSX shedding only 0.18%. Half the sectors were positive, led by consumer staples and industrials while energy and materials led the laggards. Big gainers were Stelco<\/a>, popping 10.88% and fast-food giant QSR<\/a> delivering a 7% rise. However, Lundin Mining<\/a> closed -3.39%, CNQ<\/a> -2.29% and Vermilion<\/a> -5.88%.<\/p>\n

🛒 Target Corp (TGT-N)<\/a> -13%
\n💾 Advanced Micro Devices (AMD-Q)<\/a> -4.81%
\n💾 Intel (INTC-Q)<\/a> -3.84%
\n🚢 Royal Caribbean Cruises (RCL-N)<\/a> -13.71%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -3.86%
\n👗 TJX Companies (TJX-N)<\/a> +5.19%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -2%
\n⛓ Stelco Holdings Inc. (STLC-T)<\/a> +10.88%
\n🍱 Restaurant Brands International (QSR-T)<\/a> +7%
\n⛏ Lundin Mining Corp. (LUN-T)<\/a> -3.39%
\n🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> -2.29%
\n🛢 Vermilion Energy Inc (VET-T)<\/a> -5.88%<\/p>\n","protected":false},"excerpt":{"rendered":"

Wednesday saw a mostly down day in trading, highlighted by American retail stocks. In particular, Target sank over 13% after warning of soft holiday sales ahead. The retail chain helped drag the S&P down by 0.83% below 4,000, 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-302102","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\/302102","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=302102"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/302102\/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=302102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=302102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=302102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}