{"id":343322,"date":"2025-05-05T18:45:01","date_gmt":"2025-05-05T22:45:01","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343322"},"modified":"2025-05-05T18:45:03","modified_gmt":"2025-05-05T22:45:03","slug":"markets-fade-on-tariff-worries","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-fade-on-tariff-worries\/","title":{"rendered":"Markets fade on tariff worries"},"content":{"rendered":"\n<p>Despite (or because of) assurances from the White House that Washington is &#8220;very close&#8221; to some trade deals with nations it is hitting with tariffs, Monday markets lost ground. The S&amp;P closed -0.64%, the Nasdaq -0.74% and the Dow -0.24%. The U.S. 10-year yield edged up to 4.349% while Bitcoin slid US$1,515 to US$94,215. <\/p>\n\n\n\n<p>Key movers were <a href=\"https:\/\/stockchase.com\/GDDY-N\">GoDaddy<\/a> up 3.36%, <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> -3.15%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -2.42%, <a href=\"https:\/\/stockchase.com\/ON-Q\">ON Semiconductor<\/a> -8.35% and Berkshire Hathaway (B class) -5.12% after its CEO, legendary investor Warren Buffett, announced his successor.<\/p>\n\n\n\n<p>Eight sectors lagged on the TSX which declined 0.31%. Materials outpaced all others, but couldn&#8217;t outweigh losses in healthcare and energy. WTI tumbled US$1.25 after OPEC+ announced more  oil production, though gold rose US$89 to US$3,329. Major movers were <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> at -3.42%, <a href=\"https:\/\/stockchase.com\/WCP-T\">Whitecap Resources<\/a> -3.45%, <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> -3.1% and <a href=\"https:\/\/stockchase.com\/BDT-T\">Bird Construction<\/a> soaring 4.93%. Sunoco announced a friendly takeover of Parkland Fuel; <a href=\"https:\/\/stockchase.com\/PKI-T\">PKI<\/a> gained 5.51%.<\/p>\n\n\n\n<p>&#x1f4bb; <a href=\"https:\/\/stockchase.com\/GDDY-N\">Go Daddy\u00a0(GDDY-N)<\/a> +3.36%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc\u00a0(AAPL-Q)<\/a> -3.15%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> -2.42%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/ON-Q\">ON Semiconductor\u00a0(ON-Q)<\/a> -8.35%<\/p>\n\n\n\n<p>&#x1f3db; Berkshire Hathaway (B class) -5.12% <\/p>\n\n\n\n<p>&#x1f6e2;<a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -3.42%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/WCP-T\">Whitecap Resources\u00a0(WCP-T)<\/a> -3.45%<\/p>\n\n\n\n<p>&#x26a1; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc\u00a0(SU-T)<\/a> -3.1%<\/p>\n\n\n\n<p>&#x1f9f1; <a href=\"https:\/\/stockchase.com\/BDT-T\">Bird Construction Income Fund\u00a0(BDT-T)<\/a> -4.93%<\/p>\n\n\n\n<p>&#x1f69a; <a href=\"https:\/\/stockchase.com\/PKI-T\">Parkland Fuel Corp\u00a0(PKI-T)<\/a> +5.51%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite (or because of) assurances from the White House that Washington is &#8220;very close&#8221; to some trade deals with nations it is hitting with tariffs, Monday markets lost ground. The S&amp;P closed -0.64%, the Nasdaq -0.74% and the Dow -0.24%. 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