{"id":340724,"date":"2024-01-09T17:43:44","date_gmt":"2024-01-09T22:43:44","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=340724"},"modified":"2024-01-09T17:43:49","modified_gmt":"2024-01-09T22:43:49","slug":"stocks-fade-bitcoin-etf-false-alarm","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-fade-bitcoin-etf-false-alarm\/","title":{"rendered":"Stocks fade, Bitcoin ETF false alarm"},"content":{"rendered":"\n<p>Markets on Bay and Wall streets gave back some of Monday&#8217;s impressive gains in a session that saw little direction. The TSX closed -0.44% with only tech and telcos rallying. Materials and financials led the laggards. <\/p>\n\n\n\n<p>Of note were <a href=\"https:\/\/stockchase.com\/TD-T\">TD<\/a> which closed -4.4%, <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> -9.29%, <a href=\"https:\/\/stockchase.com\/NTR-T\">Nutrien<\/a> -4.07%, <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> -3.47% and <a href=\"https:\/\/stockchase.com\/DML-T\">Denison Mines<\/a> which jumped 6.31%. WTI regained 2% to $72.20 though investors are keeping an eye on events at the Red Sea.<\/p>\n\n\n\n<p>In New York, the S&amp;P shed seven points as most sectors declined, especially energy and materials. Meanwhile, the Nasdaq rose 14 points and the Dow closed -0.42%. Big movers were <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> at -2.28%, <a href=\"https:\/\/stockchase.com\/CRL-N\">Charles River Laboratories<\/a> -5.17%, <a href=\"https:\/\/stockchase.com\/ILMN-Q\">Illumina<\/a> popping 4.55%, and <a href=\"https:\/\/stockchase.com\/HPQ-N\">Hewlett Packard<\/a> sliding nearly 9% after buying <a href=\"https:\/\/stockchase.com\/JNPR-N\">Juniper Networks<\/a>, which rocketed 21.81%. The U.S. 10-year yield ticked edged up to 4.0219%. After the bell, a hacked Tweet announced that the SEC had greenlit <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> ETFs, but the SEC immediately corrected to state that it had not approved these ETFs. The crypto itself sank 1.1% to $46,500, then spiked, then fell.<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> -4.4%<\/p>\n\n\n\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc.\u00a0(TLRY-Q)<\/a> -9.29%<br>&#x1f33f; <a href=\"https:\/\/stockchase.com\/NTR-T\">Nutrien Ltd.\u00a0(NTR-T)<\/a> -4.07%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc.\u00a0(SHOP-T)<\/a> -3.47%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/DML-T\">Denison Mines Corp\u00a0(DML-T)<\/a> +6.31%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> -2.28%<\/p>\n\n\n\n<p>&#x1f48a; <a href=\"https:\/\/stockchase.com\/CRL-N\">Charles River Labs Intl\u00a0(CRL-N)<\/a> -5.17%<\/p>\n\n\n\n<p>&#x1f9eb; <a href=\"https:\/\/stockchase.com\/ILMN-Q\">Illumina Inc.\u00a0(ILMN-Q)<\/a> +4.55%<\/p>\n\n\n\n<p>&#x1f4bb; <a href=\"https:\/\/stockchase.com\/HPQ-N\">Hewlett-Packard Co\u00a0(HPQ-N)<\/a> -9%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/JNPR-N\">Juniper Networks\u00a0(JNPR-N)<\/a> +21.81%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1.1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets on Bay and Wall streets gave back some of Monday&#8217;s impressive gains in a session that saw little direction. The TSX closed -0.44% with only tech and telcos rallying. Materials and financials led the laggards. Of note were TD [&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-340724","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\/340724","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=340724"}],"version-history":[{"count":4,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340724\/revisions"}],"predecessor-version":[{"id":340734,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340724\/revisions\/340734"}],"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=340724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=340724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=340724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}