{"id":342592,"date":"2024-12-05T17:28:00","date_gmt":"2024-12-05T22:28:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342592"},"modified":"2024-12-05T18:54:23","modified_gmt":"2024-12-05T23:54:23","slug":"bitcoin-tops-100k-but-stocks-weak","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/bitcoin-tops-100k-but-stocks-weak\/","title":{"rendered":"Bitcoin tops $100K, but stocks weak"},"content":{"rendered":"\n<p>Early in Thursday&#8217;s session, Bitcoin topped US$100,000, though ended the day below that milestone. The crypto outperformed the U.S. indices, however. The S&amp;P ended the session -0.2%, the Dow -0.57% and the Nasdaq -0.21%. <\/p>\n\n\n\n<p>Major movers included <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel<\/a> at -5.17%, <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> 3.25%, <a href=\"https:\/\/stockchase.com\/company\/view\/6529\/PLTR-N\">Palantir<\/a> 2.86%, <a href=\"https:\/\/stockchase.com\/company\/view\/487\/F-N\">Ford<\/a> -2.7% and <a href=\"https:\/\/stockchase.com\/company\/view\/6058\/UBER-N\">Uber<\/a> -9.3%. After the bell, DocuSign surged on a beat. Meanwhile, the U.S. 10-year yield held around 4.178%.<\/p>\n\n\n\n<p>The TSX outperformed its American peers by gaining 0.23%. Sectors were split, with utilities and energy leading the gainers and discretionary lagging the most. Notable names included <a href=\"https:\/\/stockchase.com\/company\/view\/1201\/TA-T\">TransAlta<\/a> 9.26% and <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> 1.53%. However, bank earnings dominated the chatter on Bay Street as <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">TD<\/a> missed and shares slumped 7.08%. In contrast, <a href=\"https:\/\/stockchase.com\/company\/view\/278\/CM-T\">CIBC<\/a> rallied 4.43% and <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">BMO<\/a> 4.16%. Gold declined US$17 to US$2,632 an ounce whole WTI held at US$68.50.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/637\/INTC-Q\">Intel\u00a0(INTC-Q)<\/a> -5.17%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> +3.25%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6529\/PLTR-N\">Palantir Technologies\u00a0(PLTR-N)<\/a> +2.86%<\/p>\n\n\n\n<p>&#x1f698; <a href=\"https:\/\/stockchase.com\/company\/view\/487\/F-N\">Ford Motor\u00a0(F-N)<\/a> -2.7%<\/p>\n\n\n\n<p>&#x1f695; <a href=\"https:\/\/stockchase.com\/company\/view\/6058\/UBER-N\">Uber\u00a0(UBER-N)<\/a> -9.3%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/1201\/TA-T\">Transalta Corp\u00a0(TA-T)<\/a> +9.26%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc\u00a0(SU-T)<\/a> +1.53%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> -7.08%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/278\/CM-T\">Canadian Imperial Bank of Commerce\u00a0(CM-T)<\/a> +4.43%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">Bank of Montreal\u00a0(BMO-T)<\/a> +4.16%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Early in Thursday&#8217;s session, Bitcoin topped US$100,000, though ended the day below that milestone. The crypto outperformed the U.S. indices, however. The S&amp;P ended the session -0.2%, the Dow -0.57% and the Nasdaq -0.21%. Major movers included Intel at -5.17%, [&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-342592","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\/342592","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=342592"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342592\/revisions"}],"predecessor-version":[{"id":342595,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342592\/revisions\/342595"}],"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=342592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}