Stocks lacked direction Wednesday though inflation fears lingered. The TSX closed -0.76% as most sectors were in the red apart from consumer staples and industrials.<\/p>\n
WTI sank over 2% to $109 and several energy names declined with it, including Whitecap Resources<\/a> which tanked 6.46% (after announcing an acquisition) and Crescent Point<\/a> down 7.59%, Baytex<\/a> losing 6.47% and Cenovus<\/a> sliding 4.51%. Moving up were Boyd Group<\/a> by 2%, Weston<\/a> by 2.79% and Alamos Gold<\/a> at 4.35%.<\/p>\n On Wall Street, the S&P and Nasdaq were flat while the Dow gained 0.27%. Major gainers were General Mills<\/a> up 6.35%, Amazon<\/a> 1.42% and Meta<\/a> 2%. Heading down were AMC<\/a> at -3.45%, Carnival<\/a> -14.13% and Nvidia<\/a> -2.75%. The U.S. 10-year yield returned stood at 3.1% while Bitcoin was flat at $20,250. U.S. Fed chief Jay Powell offered some optimism by stating that the U.S. economy is in good shape and that the Fed can avert a recession.<\/p>\n 🛢 Whitecap Resources (WCP-T)<\/a> -6.46% Stocks lacked direction Wednesday though inflation fears lingered. The TSX closed -0.76% as most sectors were in the red apart from consumer staples and industrials. WTI sank over 2% to $109 and several energy names declined with it, including Whitecap […]<\/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-284033","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\/284033","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=284033"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/284033\/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=284033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=284033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=284033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Crescent Point Energy Corp (CPG-T)<\/a> -7.59%
\n🛢 Baytex Energy Corp (BTE-T)<\/a> -6.47%
\n🛢 Cenovus Energy (CVE-T)<\/a> -4.51%
\n🛍 Boyd Group Services Inc. (BYD-T)<\/a> +2%
\n🍱 George Weston Ltd. (WN-T)<\/a> +2.79%
\n🥇 Alamos Gold Inc (AGI-T)<\/a> +4.35%
\n🥫 General Mills (GIS-N)<\/a> +6.35%
\n📦 Amazon.com (AMZN-Q)<\/a> +1.42%
\n🕵️♂️ Meta Platforms Inc \/ Facebook (FB-Q)<\/a> +2%
\n🎞 AMC Entertainment Holdings Inc. (AMC-N)<\/a> -3.45%
\n🚢 Carnival Corp. (CCL-N)<\/a> -14.13%
\n💾 Nvidia Corp (NVDA-Q)<\/a> -2.75%<\/p>\n","protected":false},"excerpt":{"rendered":"