{"id":321427,"date":"2023-04-20T17:53:20","date_gmt":"2023-04-20T21:53:20","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=321427"},"modified":"2023-04-20T17:53:20","modified_gmt":"2023-04-20T21:53:20","slug":"stocks-weaken-on-earnings-and-jobless-data","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-weaken-on-earnings-and-jobless-data\/","title":{"rendered":"Stocks weaken on earnings and jobless data"},"content":{"rendered":"<p>Thursday saw disappointing earnings and higher than expected jobless numbers in the U.S. weaken markets. The S&amp;P closed -0.6%, the Nasdaq -0.8%, and the Dow -0.33.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> made headlines by announcing ongoing price cuts and shrinking margins, which led to shares sliding 10% in the session. <a href=\"https:\/\/stockchase.com\/T-N\">AT&amp;T<\/a> revealed that revenues were down and sank 10.51%. Elsewhere, <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> closed -2.95%, <a href=\"https:\/\/stockchase.com\/STX-Q\">Seagate<\/a> -9.19%, though <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor<\/a> spiked 5.53%. The U.S. 10-year yield was 3.534%% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> sank 2.4% to $28,100.<\/p>\n<p>The TSX closed -0.34% with only industrials positive. All other sectors declined, led by energy. WTI crude slid 2.35% to $77 though gold held above $2,000. Notable movers including <a href=\"https:\/\/stockchase.com\/CSH.UN-T\">Chartwell Retirement<\/a> up 2.88%, <a href=\"https:\/\/stockchase.com\/AG-T\">First Majestic Silver<\/a> 2.52%, <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> -2.21%, <a href=\"https:\/\/stockchase.com\/TVE-T\">Tamarack Valley<\/a> -4.49% and <a href=\"https:\/\/stockchase.com\/MX-T\">Methanex<\/a> -4.55%.<\/p>\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> -10%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/T-N\">AT&amp;T (T-N)<\/a> -10.51%<br \/>\n&#x1f698; <a href=\"https:\/\/stockchase.com\/F-N\">Ford Motor (F-N)<\/a> -2.95%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/STX-Q\">Seagate Technology (STX-Q)<\/a> -9.19%<br \/>\n&#x26d3; <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor Corp. (NUE-N)<\/a> +5.53%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -2.4%<br \/>\n&#x1f3e0; <a href=\"https:\/\/stockchase.com\/CSH.UN-T\">Chartwell Seniors Housing (CSH.UN-T)<\/a> +2.88%<br \/>\n&#x1f948; <a href=\"https:\/\/stockchase.com\/AG-T\">First Majestic Silver (FR-T)<\/a> +2.52%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> -2.21%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TVE-T\">Tamarack Valley Energy (TVE-T)<\/a> -4.49%<br \/>\n&#x1f9eb; <a href=\"https:\/\/stockchase.com\/MX-T\">Methanex Corp (MX-T)<\/a> -4.55%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday saw disappointing earnings and higher than expected jobless numbers in the U.S. weaken markets. The S&amp;P closed -0.6%, the Nasdaq -0.8%, and the Dow -0.33. Tesla made headlines by announcing ongoing price cuts and shrinking margins, which led to [&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-321427","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\/321427","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=321427"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/321427\/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=321427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=321427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=321427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}