{"id":342704,"date":"2024-12-30T17:39:00","date_gmt":"2024-12-30T22:39:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342704"},"modified":"2024-12-30T18:42:15","modified_gmt":"2024-12-30T23:42:15","slug":"grinch-extends-sell-off","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/grinch-extends-sell-off\/","title":{"rendered":"Grinch extends sell-off"},"content":{"rendered":"\n<p>Markets extended last Friday&#8217;s losses, amid light holiday volumes. Though Wall Street climbed higher from this morning&#8217;s weakness, the S&amp;P and Dow still finished nearly 1% lower while the Nasdaq closed -1.1%. <\/p>\n\n\n\n<p>Once again, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> was the most active name, but outperformed most peers by climbing 1.1%. Other major movers were <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir<\/a> at -1.81%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -2.66%, <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> -3.8% and <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing<\/a> -2.31% following South Korea&#8217;s deadliest plane crash over the weekend. Meanwhile, <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> advanced 0.9% to US$94,140 while the U.S. 10-year yield fell to 4.545%. <\/p>\n\n\n\n<p>Canadian equities fared better on Monday as the TSX declined 0.6% or nearly 150 points. Only energy enjoyed any gains while healthcare, materials and tech led the remaining sectors down. Winners on Bay Street included <a href=\"https:\/\/stockchase.com\/BIR-T\">Birchcliff Energy<\/a> up 5.56% and <a href=\"https:\/\/stockchase.com\/TOU-T\">Tourmaline Oil<\/a> at 4.51%. Losers included <a href=\"https:\/\/stockchase.com\/MAG-T\">MAG Silver<\/a> at -4.02%, <a href=\"https:\/\/stockchase.com\/PAAS-T\">Pan American Silver<\/a> -3.44% and <a href=\"https:\/\/stockchase.com\/EQX-T\">Equinox<\/a>  -3.38%. WTI crude inched 0.8% higher to US$71.20 as gold slipped US$13 to US$2,607.<\/p>\n\n\n\n<p>Over the weekend, former U.S. President (1977-81), Jimmy Carter, passed away at the age of 100. In his honour, the NYSE held a moment of silence during Monday&#8217;s session and will close on January 9.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +1.1%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/PLTR-Q\">Palantir Technologies\u00a0(PLTR-N)<\/a> -1.81%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> -2.66%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> -3.8%<\/p>\n\n\n\n<p>&#x2708; <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing\u00a0(BA-N)<\/a> -2.31%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +0.9%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BIR-T\">Birchcliff Energy Ltd.\u00a0(BIR-T)<\/a> +5.56%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TOU-T\">Tourmaline Oil Corp\u00a0(TOU-T)<\/a> +4.51%<\/p>\n\n\n\n<p>&#x1f948; <a href=\"https:\/\/stockchase.com\/MAG-T\">Mag Silver Corp\u00a0(MAG-T)<\/a> -4.02%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/PAAS-T\">Pan American Silver\u00a0(PAAS-T)<\/a> -3.44%<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/EQX-T\">Equinox Gold\u00a0(EQX-T)<\/a> -3.88%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets extended last Friday&#8217;s losses, amid light holiday volumes. Though Wall Street climbed higher from this morning&#8217;s weakness, the S&amp;P and Dow still finished nearly 1% lower while the Nasdaq closed -1.1%. Once again, Nvidia was the most active name, [&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-342704","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\/342704","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=342704"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342704\/revisions"}],"predecessor-version":[{"id":342708,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342704\/revisions\/342708"}],"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=342704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}