Markets on both sides of the border slid Monday on fears that central banks won’t cut interest rates as quickly as expected. The U.S. 10-year yield climbed to 4.166% as red filled trading screens. Investor sentiment wasn’t helped by McDonald’s reporting weaker-than-expected sales, particularly in the war-plagued Middle East. <\/p>\n\n\n\n
MCD<\/a> shares fell 3.73%. Other key movers were Tesla<\/a> at -3.65%, Ford<\/a> -4.53% and Caterpillar<\/a> jumping 2% to a record high after beating profits. Boeing<\/a>‘s latest safety woes are misdrilled holes in its hapless 737 Max, which sent shares sinking 1.48%. Meanwhile, Bitcoin<\/a> slipped 0.43% to under $42,400.<\/p>\n\n\n\n Canadian stocks fared even worse as the TSX sank nearly 1% to close below 20,900. All sectors were down, led by staples, tech and real estate. Major names: Enbridge<\/a> -1.45%, Telus<\/a> -1.83%, Nuvei<\/a> 3.68%, Lithium Americas<\/a> -7.99% and Ballard Power<\/a> -6.61%. WTI crude, however, climbed 0.7% to nearly $73 a barrel.<\/p>\n\n\n\n 🍟 McDonalds\u00a0(MCD-N)<\/a> -3.73%<\/p>\n\n\n\n 🚗 Tesla Inc\u00a0(TSLA-Q)<\/a> -3.65%<\/p>\n\n\n\n 🚘 Ford Motor\u00a0(F-N)<\/a> -4.53%<\/p>\n\n\n\n 🏗 Caterpillar\u00a0(CAT-N)<\/a> +2%<\/p>\n\n\n\n 🛫 Boeing\u00a0(BA-N)<\/a> -1.48%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -0.43%<\/p>\n\n\n\n 🛢 Enbridge\u00a0(ENB-T)<\/a> -1.45%<\/p>\n\n\n\n 📱 Telus Corp\u00a0(T-T)<\/a> -1.83%<\/p>\n\n\n\n 💾 Nuvei Corp\u00a0(NVEI-T)<\/a> +3.68%<\/p>\n\n\n\n ⛏ Lithium Americas Corp\u00a0(LAC-T)<\/a> -7.99%<\/p>\n\n\n\n