{"id":341523,"date":"2024-05-29T17:10:32","date_gmt":"2024-05-29T21:10:32","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341523"},"modified":"2024-05-29T17:10:35","modified_gmt":"2024-05-29T21:10:35","slug":"yields-rise-stocks-slide-2","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/yields-rise-stocks-slide-2\/","title":{"rendered":"Yields rise, stocks slide"},"content":{"rendered":"\n<p>Wednesday saw broad-based selling on both sides of the border as yields climbed. The U.S. 10-year inched up to 4.614% as the S&amp;P closed -0.59%, the Nasdaq -0.43% to tumble below 17,000, and the Dow -0.89%. <\/p>\n\n\n\n<p>Key movers included <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines<\/a> which tanked 13.58%, <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> which slid 3.3% and <a href=\"https:\/\/stockchase.com\/company\/view\/3456\/CEG-Q\">Constellation Energy<\/a> which sank 4.86%. <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon<\/a>, however, rallied 8.36%, but <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">Salesforce<\/a> reported a miss after the closing bell and CRM shares slid 11% after hours. <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> ended the day -1.6% to $67,250.<\/p>\n\n\n\n<p>Bank earnings highlighted Bay Street. National Bank reported and was rewarded with a 2.55% rise, but <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">Bank of Montreal<\/a> was punished 8.86%. Elsewhere, <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> closed the day -1.93% and <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife<\/a> -1.79%. All TSX sectors were negative and the Canadian index gave back 1.65% to close below 21,900. Gold retreated 0.85% to US$2,335 while WTI slid 1% to US$79 a barrel.<\/p>\n\n\n\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines Group\u00a0(AAL-Q)<\/a> -13.58%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> -3.3%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/3456\/CEG-Q\">Constellation Energy\u00a0(CEG-Q)<\/a> -4.86%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold Corp\u00a0(MOZ-T)<\/a> +8.36%<\/p>\n\n\n\n<p>&#x1f4a8; <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">SalesForce.com Inc.\u00a0(CRM-N)<\/a> -11%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1.6%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">Bank of Montreal\u00a0(BMO-T)<\/a> -8.86%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc\u00a0(SU-T)<\/a> -1.93%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife Financial\u00a0(MFC-T)<\/a> -1.79%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday saw broad-based selling on both sides of the border as yields climbed. The U.S. 10-year inched up to 4.614% as the S&amp;P closed -0.59%, the Nasdaq -0.43% to tumble below 17,000, and the Dow -0.89%. Key movers included American [&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-341523","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\/341523","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=341523"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341523\/revisions"}],"predecessor-version":[{"id":341527,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341523\/revisions\/341527"}],"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=341523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}