Friday saw markets tumble to close a week of declines, driven by recessionary fears. On Wall Street, the S&P closed -0.73% for the day but -3.31% for the week, the Nasdaq -0.7% (day) and -3.31% (week), and the Dow -0.9% (day) and -2.5% (week).<\/p>\n
Though WTI remained flat at $71.50, energy names were among the big losers, including Devon Energy<\/a> -5.98% and Schlumberger<\/a> -6.17%. Elsewhere, some tech regained ground, namely Tesla<\/a> up 3.12% and Netflix<\/a> 3.14%. Also, Paramount Global<\/a> jumped 5.19%. The U.S. 10-year yield was at 3.58% while Bitcoin<\/a> declined 0.6% to $17,000.<\/p>\n The TSX was flat for the day, but -2.44% for the week and remained just below 20,000. Sectors were mixed, with consumer staples once again outperforming all others. However, energy and consumer discretionary led the laggards. Major movers were Baytex<\/a> at\u00a0 3.17%, Torex Gold<\/a> 6.75%, Laurentian Bank<\/a> 5.98%, Paramount Resources<\/a> 4.71% and Canopy Growth<\/a>\u00a0 6.46%.<\/p>\n 🛢 Devon Energy Corp (DVN-N)<\/a> -5.98% Friday saw markets tumble to close a week of declines, driven by recessionary fears. On Wall Street, the S&P closed -0.73% for the day but -3.31% for the week, the Nasdaq -0.7% (day) and -3.31% (week), and the Dow -0.9% […]<\/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-305102","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\/305102","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=305102"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/305102\/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=305102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=305102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=305102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Schlumberger Ltd. (SLB-N)<\/a> -6.17%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> +3.12%
\n📺 Netflix Inc. (NFLX-Q)<\/a> +3.14%
\n🎞 Paramount Global (PARA-Q)<\/a> +5.19%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.6%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> +3.17%
\n🥇 Torex Gold Resources (TXG-T)<\/a> +6.75%
\n🏛 Laurentian Bank (LB-T)<\/a> +5.98%
\n🛢 Paramount Resources (POU-T)<\/a> +4.71%
\n🌿 Canopy Growth Corp. (WEED-T)<\/a> +6.46%<\/p>\n","protected":false},"excerpt":{"rendered":"