On Thursday, U.S. Fed Chair Jerome Powell raised interest rates by 50 basis points, which was widely expected, but expressed slightly hawkish comments that the Fed still “has a ways to go.” The S&P closed -0.61% to fall below 4,000, the Nasdaq -0.76%, and the Dow -0.42% to dip below 34,000. The U.S. 10-year came in at 3.479%.<\/p>\n
The most active stocks on Wall Street were Tesla<\/a> at -2.33% to continue its slide, and Apple<\/a> -1.31%. Also moving were AMD<\/a> at -3.18%, Moderna<\/a> jumping another 6.67% after releasing promising news on an anti-cancer drug, and Pfizer<\/a> up 2.93%. Meanwhile, Bitcoin<\/a> edged up 0.35% go $17,800.<\/p>\n Losses on Bay Street were slightly lower, with the TSX declining 0.56% below 20,000. Only consumer discretionary and energy were positive. By far, staples were the biggest laggard. Major movers included Crescent Point Energy<\/a> up 2.59%, TC Energy<\/a> down 2.03% (as its Keystone pipeline struggles to recover from its worst-ever oil spill), BCE<\/a> sliding 2.19% and Canada Goose<\/a> climbing 3.34%. WTI crude enjoyed a 2.7% spike to $77.40.<\/p>\n 🚗 Tesla Motors Inc (TSLA-Q)<\/a> -2.33% On Thursday, U.S. Fed Chair Jerome Powell raised interest rates by 50 basis points, which was widely expected, but expressed slightly hawkish comments that the Fed still “has a ways to go.” The S&P closed -0.61% to fall below 4,000, […]<\/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-305654","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\/305654","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=305654"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/305654\/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=305654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=305654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=305654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🍎 Apple (AAPL-Q)<\/a> -1.31%
\n💾 Advanced Micro Devices (AMD-Q)<\/a> -3.18%
\n💉 Moderna (MRNA-Q)<\/a> +6.67%
\n💊 Pfizer Inc (PFE-N)<\/a> +2.93%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +0.35%
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> +2.59%
\n🛢 TC Energy (TRP-T)<\/a> -2.03%
\n📱 BCE Inc. (BCE-T)<\/a> -2.19%
\n🧣 Canada Goose Holdings (GOOS-T)<\/a> +3.34%<\/p>\n","protected":false},"excerpt":{"rendered":"