{"id":343794,"date":"2025-08-01T16:37:00","date_gmt":"2025-08-01T20:37:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343794"},"modified":"2025-08-01T22:27:21","modified_gmt":"2025-08-02T02:27:21","slug":"taco-and-jobless-numbers-hammer-markets","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/taco-and-jobless-numbers-hammer-markets\/","title":{"rendered":"TACO and jobless numbers hammer markets"},"content":{"rendered":"\n<p>Trump slapped many of America&#8217;s trading partners with tariffs including its neighbour, Canada, at 35%. Also, U.S. jobless numbers came in worse than expected. U.S markets slid: S&amp;P -1.5%, the Nasdaq -2.24% and the Dow -1.19%. All the indices slid well over 2% for the week with Dow losing nearly 3%. The TSX fared better Friday, shedding 1.06% and losing 1.7% for the week.<\/p>\n\n\n\n<p>Major movers on Bay Street: <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Space<\/a> 18.38%, <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex<\/a> -1.36% as the most active name, <a href=\"https:\/\/stockchase.com\/TOU-T\">Tourmaline Oil<\/a> -2.31%, <a href=\"https:\/\/stockchase.com\/BEP.UN-T\">Brookfield Renewable<\/a> -6.65% and <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> -4.77%. On Wall Street: <a href=\"https:\/\/stockchase.com\/MPWR-Q\">Monolithic Power<\/a> 10.46%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> -2.33%, and <a href=\"https:\/\/stockchase.com\/COIN-Q\">Coinbase<\/a> -16.7%. Reporting the day before, <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> tanked 8.27% and <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> fell 2.52% on Friday.<\/p>\n\n\n\n<p>The U.S. 10-year yield ticked down to 4.21%. Bitcoin tumbled US$3,000 to US$113,450. Gold rose US$68 to US$3,358 while WTI slid 3% to US $67.25.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/MDA-T\">MDA Ltd. (MDA-T)<\/a> +18.38%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> -1.36%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TOU-T\">Tourmaline Oil Corp (TOU-T)<\/a> -2.31%<\/p>\n\n\n\n<p>&#x1f4a1; <a href=\"https:\/\/stockchase.com\/BEP.UN-T\">Brookfield Renewable Partners (BEP.UN-T)<\/a> -6.65%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals (FM-T)<\/a> -4.77%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/MPWR-Q\">Monolithic Power Systems (MPWR-Q)<\/a> +10.46%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation (NVDA-Q)<\/a> -2.33%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/COIN-Q\">Coinbase Global (COIN-Q)<\/a> -16.7%<\/p>\n\n\n\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc. (AMZN-Q)<\/a> -8.27%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc (AAPL-Q)<\/a> -2.52%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump slapped many of America&#8217;s trading partners with tariffs including its neighbour, Canada, at 35%. Also, U.S. jobless numbers came in worse than expected. U.S markets slid: S&amp;P -1.5%, the Nasdaq -2.24% and the Dow -1.19%. All the indices slid [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":174836,"comment_status":"closed","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-343794","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\/343794","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=343794"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343794\/revisions"}],"predecessor-version":[{"id":343796,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343794\/revisions\/343796"}],"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=343794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}