{"id":342081,"date":"2024-09-06T17:34:25","date_gmt":"2024-09-06T21:34:25","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342081"},"modified":"2024-09-06T17:34:28","modified_gmt":"2024-09-06T21:34:28","slug":"markets-slide-on-job-numbers","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-slide-on-job-numbers\/","title":{"rendered":"Markets slide on job numbers"},"content":{"rendered":"\n<p>Weaker-than-expected job numbers on both sides of the border pressured markets in Toronto and New York on Friday. It&#8217;s the latest weak economic data that continues to fuel popular sentiment that the U.S. Fed will cut rates later this month by either 25 or 50 basis points. For Friday: the S&amp;P -1.61%, the Nasdaq -2.37%, the Dow -0.94% and the TSX -0.91%.<\/p>\n\n\n\n<p>For the week: the TSX -3.2%, the S&amp;P -1.65%, the Nasdaq -4.5% as semis sank, and the Dow -2.4%.<\/p>\n\n\n\n<p>Key names: <a href=\"https:\/\/stockchase.com\/ENGH-T\">Enghouse<\/a> 5.55%, <a href=\"https:\/\/stockchase.com\/NWC-T\">North West Company<\/a> 3.64%, <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> -1.25%, <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex<\/a> -3.24% and <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica<\/a> -10.29% in Toronto. In New York: <a href=\"https:\/\/stockchase.com\/DG-N\">Dollar General<\/a> 2.34%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> -3.69%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -7.59%, <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom<\/a> -9.66% after reporting and <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> -2.29%.<\/p>\n\n\n\n<p><a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> slid 4.5% to US$53,670. In commodities: WTI slipped over US$1 to US$68 while gold declined US$19 to US$2,523.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/ENGH-T\">Enghouse Systems\u00a0(ENGH-T)<\/a> +5.55%<\/p>\n\n\n\n<p>&#x1f6d2; <a href=\"https:\/\/stockchase.com\/NWC-T\">North West Company\u00a0(NWC-T)<\/a> +3.64%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -1.25%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex Energy Corp\u00a0(BTE-T)<\/a> -3.24%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica Inc\u00a0(CLS-T)<\/a> -10.29%<\/p>\n\n\n\n<p>&#x1f6d2; <a href=\"https:\/\/stockchase.com\/DG-N\">Dollar General Corp.\u00a0(DG-N)<\/a> +2.34%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -3.69%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> -7.59%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom\u00a0(AVGO-Q)<\/a> -9.66%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel\u00a0(INTC-Q)<\/a> -2.29%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -4.5%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weaker-than-expected job numbers on both sides of the border pressured markets in Toronto and New York on Friday. It&#8217;s the latest weak economic data that continues to fuel popular sentiment that the U.S. Fed will cut rates later this month [&hellip;]<\/p>\n","protected":false},"author":9,"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-342081","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\/342081","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=342081"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342081\/revisions"}],"predecessor-version":[{"id":342082,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342081\/revisions\/342082"}],"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=342081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}