The U.S. Fed’s Jerome Powell faced the Senate Wednesday and repeated his bearish sentiments from last week’s interest rate announcement. Though Powell said nothing new, but his tone and remarks remained bearish and reiterated more rate hikes this year. The S&P closed -0.52%, the Nasdaq -1.21%, and the Dow -0.3%.<\/p>\n
Tech led the sell-off with Tesla<\/a> finishing -5.46%, Intel<\/a> -6% and AMD<\/a> -5.73%. In contrast, Dollar Tree<\/a> rallied 4.56% and Warner Bros. Discovery<\/a> climbed 1.45%. The U.S. 10-year yield held at 3.725% as Bitcoin<\/a> jumped 6% to $30,000.<\/p>\n Despite a 1.8% spike in WTI crude to $70, the TSX declined 0.24%. Naturally, energy led the gainers, but most sectors lagged starting with staples and real estate. Notably, Northwest Healthcare<\/a> slid 11.05%, CIBC<\/a> shed nearly 1% while Suncor<\/a> rose 1.27% and CNQ<\/a> advanced 2%.<\/p>\n 🚗 Tesla Inc (TSLA-Q)<\/a> -5.46% The U.S. Fed’s Jerome Powell faced the Senate Wednesday and repeated his bearish sentiments from last week’s interest rate announcement. Though Powell said nothing new, but his tone and remarks remained bearish and reiterated more rate hikes this year. The […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","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-329143","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\/329143","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=329143"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/329143\/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=329143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=329143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=329143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💾 Intel (INTC-Q)<\/a> -6%
\n💾 Advanced Micro Devices (AMD-Q)<\/a> -5.73%
\n🛒 Dollar Tree (DLTR-Q)<\/a> +4.56%
\n📺 Warner Bros. Discovery (WBD-Q)<\/a> +1.45%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +6%
\n🏛 NorthWest Health Prop Real Est Inv Trust (NWH.UN-T)<\/a> -11.05%
\n🏛 Canadian Imperial Bank of Commerce (CIBC) (CM-T)<\/a> -1%
\n🛢 Suncor Energy Inc\u00a0(SU-T)<\/a> +1.27%
\n🛢 Canadian Natural Rsrcs (CNQ-T)<\/a> +2%<\/p>\n","protected":false},"excerpt":{"rendered":"