{"id":341298,"date":"2024-04-16T17:56:26","date_gmt":"2024-04-16T21:56:26","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341298"},"modified":"2024-04-16T17:56:30","modified_gmt":"2024-04-16T21:56:30","slug":"markets-fade-yields-and-gold-shine","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-fade-yields-and-gold-shine\/","title":{"rendered":"Markets fade, yields and gold shine"},"content":{"rendered":"\n<p>Tuesday&#8217;s session saw mild losses on Bay and Wall streets, though gold cracked a new high of US$2,400 and the U.S. 10-year yield climbed further, to 4.669%. The TSX closed -0.45% after only three sectors gained, including tech and energy. Staples, financials and utilities led the laggards. Canada&#8217;s March inflation rate came in as expected at 2.9%, though Ottawa unveiled a capital gains increase in its annual budget right after the closing bell. <\/p>\n\n\n\n<p>Big movers were <a href=\"https:\/\/stockchase.com\/DSG-T\">Descartes<\/a> jumping 4.43%, <a href=\"https:\/\/stockchase.com\/AG-T\">First Majestic Silver<\/a> at -8.24%, <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold<\/a> -4.96%, <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge<\/a> -2.11% and <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy<\/a> -2.02%. WTI gave back 0.15% to $85.30.<\/p>\n\n\n\n<p>In New York, the S&amp;P sank 10 points, the Nasdaq closed -0.12% and the Dow added 0.17%. <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> soared 10.6%, <a href=\"https:\/\/stockchase.com\/LYV-N\">Live Nation<\/a> tanked 7.58% after reports of an anti-trust investigation, <a href=\"https:\/\/stockchase.com\/ALB-N\">Albemarle<\/a> closed -5.3%, <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> -1.92% and <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America<\/a> -3.53% after missing its quarter. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> declined 0.9% to $62,900.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/DSG-T\">Descartes\u00a0(DSG-T)<\/a> +4.43%<\/p>\n\n\n\n<p>&#x1f948; <a href=\"https:\/\/stockchase.com\/AG-T\">First Majestic Silver\u00a0(FR-T)<\/a> -8.24%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold\u00a0(ABX-T)<\/a> -4.96%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge\u00a0(ENB-T)<\/a> -2.11%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TRP-T\">TC Energy\u00a0(TRP-T)<\/a> -2.02%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> +10.6%<\/p>\n\n\n\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/LYV-N\">Live Nation Entertainment Inc.\u00a0(LYV-N)<\/a> -7.58%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/ALB-N\">Albemarle Corp\u00a0(ALB-N)<\/a> -5.3%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc\u00a0(AAPL-Q)<\/a> -1.92%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America\u00a0(BAC-N)<\/a> -3.53%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -0.9%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday&#8217;s session saw mild losses on Bay and Wall streets, though gold cracked a new high of US$2,400 and the U.S. 10-year yield climbed further, to 4.669%. The TSX closed -0.45% after only three sectors gained, including tech and energy. 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