{"id":341920,"date":"2024-08-06T16:46:00","date_gmt":"2024-08-06T20:46:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341920"},"modified":"2024-08-06T19:26:20","modified_gmt":"2024-08-06T23:26:20","slug":"wall-street-stabilizes-tsx-declines","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/wall-street-stabilizes-tsx-declines\/","title":{"rendered":"Wall Street stabilizes, TSX declines"},"content":{"rendered":"\n<p>A day after the sharpest sell-off of the year (so far), the major U.S. indices stabilized by partially regaining some of the ground they lost on Monday. The Nasdaq rose 1.15%, the Dow 0.8% to 39,000 and the S&amp;P 1.07%. <\/p>\n\n\n\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> recovered 3.89% though <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel<\/a> slipped 1.59% as the two most-active names. <a href=\"https:\/\/stockchase.com\/company\/view\/6058\/UBER-N\">Uber<\/a> reported and soared 10.89% as <a href=\"https:\/\/stockchase.com\/company\/view\/1027\/RCL-N\">Royal Caribbean Cruises<\/a> 7.59% higher and <a href=\"https:\/\/stockchase.com\/company\/view\/3456\/CEG-Q\">Constellation Energy<\/a> jumped 6.62%. The U.S. 10-year-yield edged up to 3.899% as <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> rose 4.2% to US$56,650.<\/p>\n\n\n\n<p>As expected, the TSX lost ground Tuesday in a delayed reaction to Monday&#8217;s global rout (the TSX was closed Monday for a holiday). However, the Canadian index lost only 0.98% and stayed above 22,000. Key movers: <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">TD<\/a> -1.7%, <a href=\"https:\/\/stockchase.com\/company\/view\/37\/ASTL-T\">Algoma Steel<\/a> -7.03%, <a href=\"https:\/\/stockchase.com\/company\/view\/2482\/OSK-T\">Osisko Mining<\/a> -6.92%, <a href=\"https:\/\/stockchase.com\/company\/view\/616\/INE-T\">Innergex Renewable<\/a> 2.66% and <a href=\"https:\/\/stockchase.com\/company\/view\/1006\/QBRB-T\">Quebecor<\/a> 2.55%. Gold shed US$22 to US$2,387 while WTO held at US$73 a barrel. Japan&#8217;s Nikkei Index jumped over 10%, recovering most of its Monday losses.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +3.89%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel\u00a0(INTC-Q)<\/a> -1.59%<\/p>\n\n\n\n<p>&#x1f695; <a href=\"https:\/\/stockchase.com\/company\/view\/6058\/UBER-N\">Uber\u00a0(UBER-N)<\/a> +10.89%<\/p>\n\n\n\n<p>&#x1f6a2; <a href=\"https:\/\/stockchase.com\/company\/view\/1027\/RCL-N\">Royal Caribbean Cruises\u00a0(RCL-N)<\/a> +7.59%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/3456\/CEG-Q\">Constellation Energy\u00a0(CEG-Q)<\/a> +6.62%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +4.2%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> -1.7%<\/p>\n\n\n\n<p>&#x26d3; <a href=\"https:\/\/stockchase.com\/company\/view\/37\/ASTL-T\">Algoma Steel Group Inc\u00a0(ASTL-T)<\/a> -7.03%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/2482\/OSK-T\">Osisko Mining\u00a0(OSK-T)<\/a> -6.92%<\/p>\n\n\n\n<p>&#x267b; <a href=\"https:\/\/stockchase.com\/company\/view\/616\/INE-T\">Innergex Renewable Energy\u00a0(INE-T)<\/a> +2.66%<\/p>\n\n\n\n<p>&#x1f4f0; <a href=\"https:\/\/stockchase.com\/company\/view\/1006\/QBRB-T\">Quebecor Inc (B)\u00a0(QBR.B-T)<\/a> +2.55%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A day after the sharpest sell-off of the year (so far), the major U.S. indices stabilized by partially regaining some of the ground they lost on Monday. The Nasdaq rose 1.15%, the Dow 0.8% to 39,000 and the S&amp;P 1.07%. [&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-341920","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\/341920","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=341920"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341920\/revisions"}],"predecessor-version":[{"id":341923,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341920\/revisions\/341923"}],"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=341920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}