The first trading of 2023 began with a short-lived rally on Wall Street, but quickly sank. Meanwhile, the TSX managed to maintain its gains and closed up 0.32%. By far, energy was the only lagging sector, while Consumer staples, materials and utilities led the push on Bay Street higher. The most-traded stock was TD which closed precisely flat.<\/p>\n
Beleaguered Algonquin Power<\/a> rebounded 4.31%, while the loss column was dominated by energy names, including Suncor<\/a> at -3.89%, CNQ<\/a> -5.19% and Vermilion<\/a> -12.68%. WTI sank 3.79% to $77 a barrel.<\/p>\n On Wall Street, the S&P closed -0.4%, the Nasdaq -0.76%, and the Dow was basically flat. Weighing on the markets was Tesla<\/a> which plunged another 12.24%. Apple<\/a> also influential by sliding 3.74%. However, not all tech was down. Amazon<\/a> advanced 2.17%, Meta<\/a> 3.66% and PayPal<\/a> 4.72%. The U.S. 10-year yield inched down to 3.76% while Bitcoin stood its ground at $16,600.<\/p>\n 💡 Algonquin Power & Utilities Corp (AQN-T)<\/a> +4.31% The first trading of 2023 began with a short-lived rally on Wall Street, but quickly sank. Meanwhile, the TSX managed to maintain its gains and closed up 0.32%. By far, energy was the only lagging sector, while Consumer staples, materials […]<\/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-307737","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\/307737","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=307737"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/307737\/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=307737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=307737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=307737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Suncor Energy Inc (SU-T)<\/a> -3.89%
\n🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> -5.19%
\n🛢 Vermilion Energy Inc (VET-T)<\/a> -12.68%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -12.24%
\n🍎 Apple (AAPL-Q)<\/a> -3.74%
\n📦 Amazon.com (AMZN-Q)<\/a> +2.17%
\n🕵️♂️ Meta Platforms Inc \/ Facebook (META-Q)<\/a> +3.66%
\n💳 PayPal Holdings Inc. (PYPL-Q)<\/a> +4.72%<\/p>\n","protected":false},"excerpt":{"rendered":"