{"id":339632,"date":"2023-09-26T17:56:57","date_gmt":"2023-09-26T21:56:57","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=339632"},"modified":"2023-09-26T17:57:01","modified_gmt":"2023-09-26T21:57:01","slug":"consumer-housing-data-misses-stocks-sink","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/consumer-housing-data-misses-stocks-sink\/","title":{"rendered":"Consumer, housing data misses, stocks sink"},"content":{"rendered":"\n<p>Tuesday&#8217;s session erased Monday&#8217;s gains and then some as U.S. new homes sales missed expectations in August, and September&#8217;s consumer confidence index fell in September from August. This data fueled investor anxiety and kept the U.S. 10-year yield at 4.548%. New York saw red across the board as the S&amp;P closed -1.44% to fall below 4,300, the Nasdaq -1.57% to barely stay above 13,000, and the Dow -1.17% or shedding almost 400 points.<\/p>\n\n\n\n<p>Key movers included <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon<\/a> at -4.11%, <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet<\/a> -1.96%, <a href=\"https:\/\/stockchase.com\/company\/view\/3965\/CTAS-Q\">Cintas<\/a> -5.17%, <a href=\"https:\/\/stockchase.com\/company\/view\/1191\/SYK-N\">Stryker<\/a> -4.77% and <a href=\"https:\/\/stockchase.com\/company\/view\/5774\/ETSY-Q\">Etsy<\/a> -4.45%. <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> slipped 0.16% to trade around $26,200.<\/p>\n\n\n\n<p>Canadian stocks didn&#8217;t fare much better. The TSX sank 1.18% as energy was the only sector to enjoy gains. Real estate, industrials and utilities suffered the worst losses. Major movers were <a href=\"https:\/\/stockchase.com\/company\/view\/3969\/MEG-T\">Meg Energy<\/a> jumping 4.09%, <a href=\"https:\/\/stockchase.com\/company\/view\/1342\/WFG-T\">West Fraser Timber<\/a> up 2.41%, <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> at 2.36%, <a href=\"https:\/\/stockchase.com\/company\/view\/1266\/TRP-T\">TC Energy<\/a> -1.69% and <a href=\"https:\/\/stockchase.com\/company\/view\/430\/ENB-T\">Enbridge<\/a> -1.77%. As noted, energy rallied, lifted by WTI advancing 1% to $90.50 a barrel.<\/p>\n\n\n\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon.com, Inc.\u00a0(AMZN-Q)<\/a> -4.11%<\/p>\n\n\n\n<p>&#x1f9ee; <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet Inc\u00a0(GOOG-Q)<\/a> -1.96%<\/p>\n\n\n\n<p>&#x1f468;&#x200d;&#x1f4bc; <a href=\"https:\/\/stockchase.com\/company\/view\/3965\/CTAS-Q\">Cintas Corp\u00a0(CTAS-Q)<\/a> -5.17%<\/p>\n\n\n\n<p>&#x1f9eb; <a href=\"https:\/\/stockchase.com\/company\/view\/1191\/SYK-N\">Stryker Corp.\u00a0(SYK-N)<\/a> -4.77%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5774\/ETSY-Q\">Etsy Inc.\u00a0(ETSY-Q)<\/a> -4.55%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -0.16%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3969\/MEG-T\">MEG Energy Corp\u00a0(MEG-T)<\/a> +4.09%<\/p>\n\n\n\n<p>&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/1342\/WFG-T\">West Fraser Timber\u00a0(WFG-T)<\/a> +2.41%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> +2.36%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1266\/TRP-T\">TC Energy\u00a0(TRP-T)<\/a> -1.69%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/430\/ENB-T\">Enbridge\u00a0(ENB-T)<\/a> -1.77%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday&#8217;s session erased Monday&#8217;s gains and then some as U.S. new homes sales missed expectations in August, and September&#8217;s consumer confidence index fell in September from August. This data fueled investor anxiety and kept the U.S. 10-year yield at 4.548%. [&hellip;]<\/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-339632","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\/339632","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=339632"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/339632\/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=339632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=339632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=339632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}