Stockchase-logo
Track Stocks Watchlist
Top Picks Today
=iconClose Home All Opinions Top Picks Stocks Experts Top Experts Panic-proof Top 100 Stocks Monthly gems News
Watchlist Track Stocks
Top Picks Today
Home » Daily

Mild reaction to Fed

Allan Tong Posted On February 22, 2023
0
0
Shares
  • Share On Facebook
  • Tweet It

Wednesday afternoon saw the anticipated release of the minutes from the last U.S. Fed Bank meeting, and fears of bearish sentiment. In fact, there was little in the minutes that surprised the street: rate hikes will continue, but likely at a slower pace ahead. On Wall Street, indices closed mildly down, but off the day’s lows: the S&P -0.15%, the Nasdaq added 0.13% to stay above 11,500, and the Dow -0.26% but remained above 33,000.

Tesla once more changed the most hands and rose 1.13%. Semis were in the spotlight as Intel closed -2.44%. Elsewhere, Warner Bros. Discovery added 4.1% whole Keysight Technologies plunged 13.37% and biotech Charles River Technologies sank 10.85%. The U.S. 10-year yield hovered around 3.919% while Bitcoin slumped 2.5% to fall below $24,000.

On Bay Street, the TSX closed -0.4% though sectors were mixed. Consumer staples rallied, but materials and energy lagged. Influential names included Suncor at -2.4%, Barrick Gold -2.27%, Cenovus -2.73%, Gildan Activewear +5.78% and GFL Environmental jumped 5.6%. WTI slid over 3% to $74 a barrel.

🚗 Tesla Inc (TSLA-Q) +1.13%
💾 Intel (INTC-Q) -2.44%
📺 Warner Bros. Discovery (WBD-Q) +4.1%
💾 Keysight Technologies Inc. (KEYS-N) -13.37%
🧫 Charles River Labs Intl (CRL-N) -10.85%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2.5%
🛢 Suncor Energy Inc (SU-T) -2.4%
🥇 Barrick Gold (ABX-T) -2.27%
🛢 Cenovus Energy (CVE-T) -2.73%
👕 Gildan Activewear Inc. (GIL-T) +5.78%
♻ GFL Environmental Inc. (GFL-T) +5.6%

0
Shares
  • Share On Facebook
  • Tweet It




Trending Now
Most Anticipated Earnings: GPV-X, RVX-T and more Canadian Companies Reporting Earnings this Week (Jun 30-Jul 04)
Melisa R. H. June 30, 2025
This Week's Stock Picks & BNN Top Picks Summary: PPL-T, COST-Q and 20 Stock and 4 ETF Top Picks (Jun 20-26)
Melisa R. H. June 27, 2025
TSX flat, Wall Street gains
Read Next

TSX flat, Wall Street gains

  • logo

    We’re fintech passionates that reinvest almost all our revenues into the development of Stockchase and Wealthica. We hope you enjoy Stockchase and join Premium!

  • Top Reviews

    • Questrade Review: Pros & Cons of Trading with Questrade Canada (2023)
      8.5
    • The Ugly Truth About Identity Theft – Free Credit Report
      7
    • Questrade vs Others | The Review Competitors Don’t Want you to Read (2023)
  • Popular Posts

    • Most Anticipated Earnings: GPV-X, RVX-T and more Canadian Companies Reporting Earnings this Week (Jun 30-Jul 04)
    • This Week's Stock Picks & BNN Top Picks Summary: PPL-T, COST-Q and 20 Stock and 4 ETF Top Picks (Jun 20-26)
    • Weekly 52-Week Low (or 52-Week High): GSI-X, POU-T, XTRA-T, RECO-X and More 52-Week Highs and Lows (Jun 18-24)
  • Stock Lists

    • Unraveling 15 of the Best Natural Gas Stocks: A Canada-USA...
      November 10, 2023
    • 13 Recession-Proof Stocks for Portfolio Safety
      October 26, 2023
    • The Ultimate Top Drone Stocks List for Sky-High Returns...
      October 25, 2023
    • Top Hotel Stocks to Buy for your Growth Portfolio
      October 12, 2023
    • Which Brookfield Stock to Buy? BAM vs BN: the Inspiring...
      October 9, 2023



  • Stockchase neither recommends nor promotes any investment strategies.

    About us : Privacy & Terms : Contact us

© Stockchase Inc.
Press enter/return to begin your search