{"id":342603,"date":"2024-12-09T17:49:55","date_gmt":"2024-12-09T22:49:55","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342603"},"modified":"2024-12-09T17:49:58","modified_gmt":"2024-12-09T22:49:58","slug":"monday-slump","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/monday-slump\/","title":{"rendered":"Monday slump"},"content":{"rendered":"\n<p>Despite climbing to all-time highs early in the session, the TSX finished in the red Monday along with its Wall Street peers. The Canadian index finished the day -0.26% as sectors were mixed. A strong performance in materials and healthcare nearly offset losses in utilities and tech. <\/p>\n\n\n\n<p>Major movers for the day: <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry<\/a> soared 13.39%, <a href=\"https:\/\/stockchase.com\/company\/view\/430\/ENB-T\">Enbridge<\/a> -1.64%, embattled <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">TD<\/a> gained 1.51%, <a href=\"https:\/\/stockchase.com\/company\/view\/2407\/BDT-T\">Bird Construction<\/a> -7.12% and <a href=\"https:\/\/stockchase.com\/company\/view\/3584\/CPX-T\">Capital Power<\/a> -6.26%. Gold added US$26 to US$2,659 while WTI jumped 1.35% to US US$68.10 following the surprise exit of the Assad regime from Syria over the weekend.<\/p>\n\n\n\n<p>In New York, the S&amp;P closed -0.61%, the Nasdaq -0.62% and the Dow -0.54%. Once more, <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">Nvidia<\/a> was the most active name but it finished the session -2.55%, followed by <a href=\"https:\/\/stockchase.com\/company\/view\/6529\/PLTR-N\">Palantir<\/a> at -5.08%, <a href=\"https:\/\/stockchase.com\/company\/view\/595\/HSY-N\">Hershey<\/a> leapt 10.85% after a report that Mondelez would take it over, <a href=\"https:\/\/stockchase.com\/company\/view\/6206\/ENPH-Q\">Enphase Energy<\/a> 6.75% and <a href=\"https:\/\/stockchase.com\/company\/view\/1731\/CMCSA-Q\">Comcast<\/a> -9.5%. While the U.S. 10-year yield held just below 4.2%, <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> continued to slip from last week&#8217;s six-digit peak to trade around US$96,800 or a 3.3% decline. Canadian investors will keep their eyes on the Bank of Canada this week; the BOC is expected to cut key interest rates by 50 basis points.<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry\u00a0(BB-T)<\/a> +13.39%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/430\/ENB-T\">Enbridge\u00a0(ENB-T)<\/a> -1.64%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> +1.51%<\/p>\n\n\n\n<p>&#x1f9f1; <a href=\"https:\/\/stockchase.com\/company\/view\/2407\/BDT-T\">Bird Construction Income Fund\u00a0(BDT-T)<\/a> -7.12%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/3584\/CPX-T\">Capital Power\u00a0(CPX-T)<\/a> -6.26%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/894\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -2.55%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6529\/PLTR-N\">Palantir Technologies\u00a0(PLTR-N)<\/a> -5.08%<\/p>\n\n\n\n<p>&#x1f36b; <a href=\"https:\/\/stockchase.com\/company\/view\/595\/HSY-N\">Hershey Foods Corp\u00a0(HSY-N)<\/a> +10.85%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/6206\/ENPH-Q\">Enphase Energy\u00a0(ENPH-Q)<\/a> +6.75%<\/p>\n\n\n\n<p>&#x1f4e1; <a href=\"https:\/\/stockchase.com\/company\/view\/1731\/CMCSA-Q\">Comcast Corp\u00a0(CMCSA-Q)<\/a> -9.5%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -3.3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite climbing to all-time highs early in the session, the TSX finished in the red Monday along with its Wall Street peers. The Canadian index finished the day -0.26% as sectors were mixed. A strong performance in materials and healthcare [&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-342603","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\/342603","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=342603"}],"version-history":[{"count":6,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342603\/revisions"}],"predecessor-version":[{"id":342612,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342603\/revisions\/342612"}],"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=342603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}