{"id":319598,"date":"2023-04-04T17:19:10","date_gmt":"2023-04-04T21:19:10","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=319598"},"modified":"2023-04-04T17:19:10","modified_gmt":"2023-04-04T21:19:10","slug":"stocks-retreat-on-economic-worries","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-retreat-on-economic-worries\/","title":{"rendered":"Stocks retreat on economic worries"},"content":{"rendered":"<p>Stocks modestly declined Tuesday after recent gains. Investor sentiment was weighed by worry over the wider economy, coming a day after\u00a0 OPEC+ surprisingly slashed oil production to trigger inflationary fears and thoughts of a hawkish U.S. Fed. The price of WTI itself was flat, though the TSX closed -0.26%. Energy stocks lagged, while materials and telcos rallied.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold<\/a> soared 10% and <a href=\"https:\/\/stockchase.com\/company\/view\/1466\/MAG-T\">Mag Silver<\/a> jumped 6.55%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> closed -1.69%, <a href=\"https:\/\/stockchase.com\/company\/view\/4592\/SOTUN-T\">Slate Office REIT<\/a> -6.11% and <a href=\"https:\/\/stockchase.com\/company\/view\/6538\/DND-T\">Dye &amp; Durham<\/a> -5.34%.<\/p>\n<p>The Wall Street indices shed 0.5-0.6%. Major movers included <a href=\"https:\/\/stockchase.com\/company\/view\/5969\/NOW-N\">ServiceNow<\/a> up 2.57%, <a href=\"https:\/\/stockchase.com\/company\/view\/445\/EA-Q\">Electronic Arts<\/a> 3.15%, the <a href=\"https:\/\/stockchase.com\/company\/view\/123\/BAC-N\">Bank of America<\/a> -2.13%, Micro -3.93% and <a href=\"https:\/\/stockchase.com\/company\/view\/1529\/KEY-N\">Keycorp<\/a> 3.04%. Bitcoin added $600 to trade around $28,200 while the U.S. 10-year yield was at 3.346%.<\/p>\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold Corp (MOZ-T)<\/a> +10%<br \/>\n&#x1f948; <a href=\"https:\/\/stockchase.com\/company\/view\/1466\/MAG-T\">Mag Silver Corp (MAG-T)<\/a> +6.55%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc (SU-T)<\/a> -1.69%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/4592\/SOTUN-T\">Slate Office REIT (SOT.UN-T)<\/a> -6.11%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6538\/DND-T\">Dye &amp; Durham (DND-T)<\/a> -5.34%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/company\/view\/5969\/NOW-N\">Servicenow (NOW-N)<\/a> +2.57%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/445\/EA-Q\">Electronic Arts Inc (EA-Q)<\/a> +3.15%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/123\/BAC-N\">Bank of America (BAC-N)<\/a> -2.13%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1529\/KEY-N\">Keycorp (KEY-N)<\/a> -3.04%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks modestly declined Tuesday after recent gains. Investor sentiment was weighed by worry over the wider economy, coming a day after\u00a0 OPEC+ surprisingly slashed oil production to trigger inflationary fears and thoughts of a hawkish U.S. Fed. The price of [&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-319598","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\/319598","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=319598"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/319598\/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=319598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=319598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=319598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}