{"id":281311,"date":"2022-06-08T18:45:24","date_gmt":"2022-06-08T22:45:24","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=281311"},"modified":"2022-06-08T18:45:24","modified_gmt":"2022-06-08T22:45:24","slug":"oil-lifts-tsx-wall-street-retreats","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-lifts-tsx-wall-street-retreats\/","title":{"rendered":"Oil lifts TSX, Wall Street retreats"},"content":{"rendered":"<p>As markets await Friday&#8217;s U.S. inflation numbers for may, investors largely took back Tuesday&#8217;s gains on Wednesday. The S&amp;P shed over 1%, the Dow closed -0.81% and the Nasdaq -0.73%. The U.S. 10-year yield returned above 3% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> slipped over 2% to trade over $30,000. Wall Street was worried about inflation again.<\/p>\n<p>Gainers included <a href=\"https:\/\/stockchase.com\/company\/view\/729\/LLY-N\">Eli Lilly<\/a> by 2.88%, <a href=\"https:\/\/stockchase.com\/company\/view\/6233\/FTNT-Q\">Fortinet<\/a> at 2.83%, and travel stocks <a href=\"https:\/\/stockchase.com\/company\/view\/2643\/LVS-N\">Las Vegas Sands<\/a> jumping 4.35% and <a href=\"https:\/\/stockchase.com\/company\/view\/3564\/WYNN-Q\">Wynn Resorts<\/a> by 4.18%. Losers were <a href=\"https:\/\/stockchase.com\/company\/view\/873\/NOC-N\">Northrop Grunman<\/a> down nearly 4%, <a href=\"https:\/\/stockchase.com\/company\/view\/3910\/MLM-N\">Martin Marietta Materials<\/a> sliding 4.17%, <a href=\"https:\/\/stockchase.com\/company\/view\/362\/DE-N\">Deere<\/a> falling 3.49% and <a href=\"https:\/\/stockchase.com\/company\/view\/226\/CCL-N\">Carnival<\/a> declining 6.17%.<\/p>\n<p>WTI rallied 2.7% to $122 and WCS over 2% to $103 to lift the TSX 0.45%. Rallying were <a href=\"https:\/\/stockchase.com\/company\/view\/379\/DOL-T\">Dollarama<\/a> by 5.27% on a strong quarter, <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex<\/a> surging 4.79%, <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy<\/a> up 3.46% and <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> 3%. Sliding were <a href=\"https:\/\/stockchase.com\/company\/view\/447\/ENGH-T\">Enghouse<\/a> by nearly 20%, <a href=\"https:\/\/stockchase.com\/company\/view\/1233\/TFII-T\">TFI International<\/a> down 5.49% and <a href=\"https:\/\/stockchase.com\/company\/view\/2012\/BYD-T\">Boyd Group<\/a> shedding 4.2%.<\/p>\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -2%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/729\/LLY-N\">Eli Lilly &amp; Co. (LLY-N)<\/a> +2.88%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6233\/FTNT-Q\">Fortinet Inc (FTNT-Q)<\/a> +2.83%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/company\/view\/2643\/LVS-N\">Las Vegas Sands Corp. (LVS-N)<\/a> +4.35%<br \/>\n&#x1f3e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3564\/WYNN-Q\">Wynne Resorts Ltd. (WYNN-Q)<\/a> +4.18%<br \/>\n&#x2708; <a href=\"https:\/\/stockchase.com\/company\/view\/873\/NOC-N\">Northrop Grumman (NOC-N)<\/a> -4%<br \/>\n&#x1f9f1; <a href=\"https:\/\/stockchase.com\/company\/view\/3910\/MLM-N\">Martin Marietta Materials (MLM-N)<\/a> -4.17%<br \/>\n&#x1f98c; <a href=\"https:\/\/stockchase.com\/company\/view\/362\/DE-N\">Deere &amp; Co. (DE-N)<\/a> -3.49%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/company\/view\/226\/CCL-N\">Carnival Corp. (CCL-N)<\/a> -6.17%<br \/>\n&#x1f6d2; <a href=\"https:\/\/stockchase.com\/company\/view\/379\/DOL-T\">Dollarama Inc. (DOL-T)<\/a> +5.27%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> +4.79%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy Corp (CPG-T)<\/a> +3.46%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +3%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/447\/ENGH-T\">Enghouse Systems (ENGH-T)<\/a> -20%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/1233\/TFII-T\">TFI International Inc (TFII-T)<\/a> -5.49%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/2012\/BYD-T\">Boyd Group Services Inc. (BYD-T)<\/a> -4.2%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As markets await Friday&#8217;s U.S. inflation numbers for may, investors largely took back Tuesday&#8217;s gains on Wednesday. The S&amp;P shed over 1%, the Dow closed -0.81% and the Nasdaq -0.73%. The U.S. 10-year yield returned above 3% while Bitcoin slipped [&hellip;]<\/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-281311","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\/281311","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=281311"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/281311\/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=281311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=281311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=281311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}