{"id":342613,"date":"2024-12-10T17:27:38","date_gmt":"2024-12-10T22:27:38","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342613"},"modified":"2024-12-10T17:27:42","modified_gmt":"2024-12-10T22:27:42","slug":"markets-fade-further","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-fade-further\/","title":{"rendered":"Markets fade further"},"content":{"rendered":"\n<p>Markets in both New York and Toronto extended Monday&#8217;s losses into Tuesday. The major American indices all shed around a third of a percentage point as tech led the way down. <\/p>\n\n\n\n<p>Once more, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> was the most active name, at -2.69%, as well as <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> at -3.12%. <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna<\/a> closed -9.07% and <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> -8.2%, though <a href=\"https:\/\/stockchase.com\/WBA-Q\">Walgreens<\/a> soared 17.74%. The U.S. 10-year-yield held around 4.2% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> declined 0.35% to US$96,600.<\/p>\n\n\n\n<p>In Toronto, only discretionary managed to gain as all other sectors lost ground, especially health care and tech. The TSX finished Tuesday -0.47%. Major names: <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> -0.76%, <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife<\/a> -1.57%, <a href=\"https:\/\/stockchase.com\/TD-T\">TD<\/a> 0.88%, <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> -4.34% and <a href=\"https:\/\/stockchase.com\/TXG-T\">Torex<\/a> -4.89% as many mining names sank. WTI was flat at US$68.40 while gold added US$32 to US$2,692. Bay Street widely expects the Bank of Canada to further cut interest rates on Wednesday, perhaps by 50 basis points.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -2.69%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel\u00a0(INTC-Q)<\/a> -3.12%<\/p>\n\n\n\n<p>&#x1f489; <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna\u00a0(MRNA-Q)<\/a> -9.07%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> -8.2%<\/p>\n\n\n\n<p>&#x1f48a; <a href=\"https:\/\/stockchase.com\/WBA-Q\">Walgreen Boots Alliance\u00a0(WBA-Q)<\/a> +17.74%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -0.35%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -0.76%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/MFC-T\">Manulife Financial\u00a0(MFC-T)<\/a> -1.57%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> +0.88%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry\u00a0(BB-T)<\/a> -4.34%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/TXG-T\">Torex Gold Resources\u00a0(TXG-T)<\/a> -4.89%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets in both New York and Toronto extended Monday&#8217;s losses into Tuesday. The major American indices all shed around a third of a percentage point as tech led the way down. Once more, Nvidia was the most active name, at [&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-342613","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\/342613","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=342613"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342613\/revisions"}],"predecessor-version":[{"id":342616,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342613\/revisions\/342616"}],"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=342613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}