Tuesday played out like Monday’s session as more talk of a 2023 recession pushed stocks down across the board. American CEOs, particularly the major banks, predicted a recession of varying severity, which made an already-nervous market more anxious. All sectors were down in Toronto with the TSX shedding over 1% and dipping below 20,000. The biggest laggards were energy, consumer staples and industrials.<\/p>\n
Most active were Suncor<\/a> at -3.08%, Algonquin Power<\/a> -1.89%, Cenovus<\/a> at -3.6% and Shopify<\/a> at -4.06%. One of the few gainers was Fortuna Silver Mines<\/a> up 2.19%. WTI slid 3.25% to $74.50.<\/p>\n There was also red across screens on Wall Street as the S&P closed -1.44% below 4,000, the Nasdaq -2%, and the Dow -1.03%. Tech bore the brunt of selling. The most active names were Bank of America<\/a> at -4.35%, Tesla<\/a> -1.49%, Amazon<\/a> -3.05%, Apple<\/a> -2.68% and AMD<\/a> -4.65%. Despite the sell-off in stocks, the U.S. 10-year yield also edged down, touching 3.52%. However, Bitcoin<\/a> added 0.14% to flirt with $17,000.<\/p>\n 🛢 Suncor Energy Inc (SU-T)<\/a> -3.08% Tuesday played out like Monday’s session as more talk of a 2023 recession pushed stocks down across the board. American CEOs, particularly the major banks, predicted a recession of varying severity, which made an already-nervous market more anxious. All sectors […]<\/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-304579","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\/304579","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=304579"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/304579\/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=304579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=304579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=304579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💡 Algonquin Power & Utilities Corp (AQN-T)<\/a> -1.89%
\n🛢 Cenovus Energy (CVE-T)<\/a> -3.6%
\n🛍 Shopify Inc. (SHOP-T)<\/a> -4.06%
\n⛏ Fortuna Silver Mines (FVI-T)<\/a> +2.19%
\n🏛 Bank of America (BAC-N)<\/a> -4.35%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -1.49%
\n📦 Amazon.com (AMZN-Q)<\/a> -3.05%
\n🍎 Apple (AAPL-Q)<\/a> -2.68%
\n💾 Advanced Micro Devices (AMD-Q)<\/a> -4.65%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +0.14%<\/p>\n","protected":false},"excerpt":{"rendered":"