Tech’s slump continued to weaken U.S. markets on Wednesday as the Nasdaq sank 142 points or 0.67%. However, the S&P declined only 15 points and the Dow gained 16 to close just below 45,000. Major movers included Intel at -6.99%, Dell -4.97%, Target -6.33%, McKesson 3.85% and Analog Devices 6.26%. Bitcoin climbed nearly US$700 to US$114,245. Meanwhile, the 10-year yield slipped to 4.291%.<\/p>\n\n\n\n
On Bay Street, sectors were mixed, but the TSX advanced 0.2%. Materials was the session’s biggest winner while discretionary and healthcare were the weakest areas. As mentioned, miners rallied with gold rising US$33 to US$3,349, lifting Barrick Gold by 3.67% and Agnico Eagle 3.45%. However, Cameco sank 4.5%, Lightspeed faded 4.54% and Restaurant Brands tumbled 4.17%. Finally, WTI crude rallied nearly 1.4% to US$63.20.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tech’s slump continued to weaken U.S. markets on Wednesday as the Nasdaq sank 142 points or 0.67%. However, the S&P declined only 15 points and the Dow gained 16 to close just below 45,000. Major movers included Intel at -6.99%, […]<\/p>\n","protected":false},"author":12,"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-343892","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\/343892","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=343892"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343892\/revisions"}],"predecessor-version":[{"id":343896,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343892\/revisions\/343896"}],"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=343892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}