On Tuesday, wholesale inflation data pressured markets as the Dow closed -0.31%, the S&P -0.35% and the Nasdaq -0.6%. Wholesale prices jumped 8.6% year-over-year in October, tied for the highest ever, which prompted fears of the U.S. Fed hiking interest rates sooner than ever. Despite that move, the U.S. 10-year yield ticked down to 1.439%. All the Dow components were down, starting with tech.<\/p>\n
PayPal<\/a> slid 10.46%, Tesla<\/a> fell 12% and Palantir<\/a> shed 9.53%. Also, Visa<\/a> retreated 3.22%. There were some tech gainers, however, as Amazon<\/a> advanded 2.5% and Lam Research<\/a> added 2.11%.<\/p>\n The TSX managed to hold onto gains in low volumes and closed 0.18% to quietly make another record close just shy of 21,600. Consumer staples and materials led while energy showed a little weakness. Arc Resources<\/a> closed -1.83%, Meg Energy<\/a> -1.92% and Organigram<\/a> fell 6.75%. In contrast, Village Frams International<\/a> jumped 10.84%, Dye & Durham<\/a> surged 7.5% and another cannabis name, Canopy<\/a>, bounced 7.42%. Despite weakness in some energy stocks, the price of WTI as well as WCS crude gained 3% to top $84 and nearly $65 per barrel respecitively.<\/p>\n 💳 PayPal Holdings Inc. (PYPL-Q)<\/a> -10.46% On Tuesday, wholesale inflation data pressured markets as the Dow closed -0.31%, the S&P -0.35% and the Nasdaq -0.6%. Wholesale prices jumped 8.6% year-over-year in October, tied for the highest ever, which prompted fears of the U.S. Fed hiking interest […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"open","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-252811","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\/252811","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=252811"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/252811\/revisions"}],"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=252811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=252811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=252811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> -12%
\n💾 Palantir Technologies (PLTR-N)<\/a> -9.53%
\n🏛 Visa Inc. (V-N)<\/a> -3.22%
\n📦 Amazon.com (AMZN-Q)<\/a> +2.5%
\n🧬 Lam Research Corp (LRCX-Q)<\/a> +2.11%
\n🛢 Arc Resources Ltd (ARX-T)<\/a> -1.83%
\n🛢 MEG Energy Corp (MEG-T)<\/a> -1.92%
\n🌿 OrganiGram Holdings Inc. (OGI-T)<\/a> -6.75%
\n🌿 Village Farms International, Inc. (VFF-T)<\/a> +10.84%
\n💿 Dye & Durham (DND-T)<\/a> +7.5%
\n🌿 Canopy Growth Corp. (WEED-T)<\/a> +7.42%<\/p>\n","protected":false},"excerpt":{"rendered":"