Wall St. flat amid earnings, TSX fades

Wednesday saw major earnings on Wall Street with dramatically different results. Tesla reported a miss late Tuesday but soared 12.06% Wednesday on news of a cheaper EV coming. Also rocketing was Hasbro by 11.18%, but Meta was less lucky after it reported a miss after the close which plunged shares11% after hours. Meta shares were down -0.52% during the day. Elsewhere, American Airlines closed -2.18% and Otis -4.21%. The U.S. 10-year yield barely moved to 4.64%. Bitcoin fell 3.4% to US$64,000.

Though sectors were mixed, the TSX sank 0.63% and fell below 22,000. Staples outperformed, but industrials and financials faded. Royal Bank closed -2.27%, Winpak rallied 7.23%, Silvercrest Metals shone 4.77%, but the railroads slid. CP closed -6.3% and CNR -4.77%. WTI declined 0.65% to US$83 while gold retreated to US $2,315.

🚗 Tesla Inc (TSLA-Q) +12.06%

🧩 Hasbro Inc (HAS-Q) +11.18%

🕵️‍♂️ Meta Platforms Inc / Facebook (META-Q) -0.52%

🛫 American Airlines Group (AAL-Q) -2.18%

⚙ Otis Worldwide Corp. (OTIS-N) -4.21%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -3.4%

🏛 Royal Bank (RY-T) -2.27%

🏗 Winpak Ltd. (WPK-T) +7.23%

⛏ SilverCrest Metals Inc (SIL-T) +4.77%

🚂 Canadian Pacific Rail (CP-T) -6.3%

🚂 Canadian National R.R. (CNR-T) -4.77%