{"id":306810,"date":"2022-12-22T17:28:48","date_gmt":"2022-12-22T22:28:48","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=306810"},"modified":"2022-12-22T17:28:48","modified_gmt":"2022-12-22T22:28:48","slug":"strong-jobs-weak-stocks","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/strong-jobs-weak-stocks\/","title":{"rendered":"Strong jobs, weak stocks"},"content":{"rendered":"<p>On Thursday, U.S. jobless numbers remained at historic lows, triggering a sharp market sell-off across all sectors of the S&amp;P as well as the TSX. American markets surrendered the gains of the session of the day before: the S&amp;P -1.45%, the Nasdaq -2.18%, and the Dow -1.05%.<\/p>\n<p>Tech led the laggards, not helped by a weak report from <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron<\/a> which closed -3.44%. <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> finished at -3.43%, <a href=\"https:\/\/stockchase.com\/AMAT-Q\">Applied Materials<\/a> -7.84% and <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -8.88% as the most-traded stock as concerns over Elon Musk&#8217;s split focus (also running Twitter) continue. <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx<\/a> led the gainers, up 3.34%. Bitcoin was flat at $16,700 while the U.S. 10-year yield was 3.68%.<\/p>\n<p>The TSX closed -1.18%, dragged down by consumer staples and energy especially. Notable movers: <a href=\"https:\/\/stockchase.com\/LUN-T\">Lundin Mining<\/a> -4.16%, <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> -3.02%, <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> -9.04%, <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health<\/a> -5.74% and <a href=\"https:\/\/stockchase.com\/IMG-T\">Iamgold<\/a> up 4.4% as a rare gainer. WTI was flat at $78.<\/p>\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron Technology (MU-Q)<\/a> -3.44%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com (AMZN-Q)<\/a> -3.43%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/AMAT-Q\">Applied Materials (AMAT-Q)<\/a> -7.84%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> -8.88%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx (FDX-N)<\/a> +3.34%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/LUN-T\">Lundin Mining Corp. (LUN-T)<\/a> -4.16%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs (CNQ-T)<\/a> -3.02%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry (BB-T)<\/a> -9.04%<br \/>\n&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health Companies Inc. (BHC-T)<\/a> -5.74%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/IMG-T\">Iamgold Corp (IMG-T)<\/a> +4.4%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, U.S. jobless numbers remained at historic lows, triggering a sharp market sell-off across all sectors of the S&amp;P as well as the TSX. American markets surrendered the gains of the session of the day before: the S&amp;P -1.45%, [&hellip;]<\/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-306810","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\/306810","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=306810"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/306810\/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=306810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=306810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=306810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}