{"id":284822,"date":"2022-07-06T20:38:51","date_gmt":"2022-07-07T00:38:51","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=284822"},"modified":"2022-07-06T20:38:51","modified_gmt":"2022-07-07T00:38:51","slug":"u-s-stocks-climb-on-fed-minutes-tsx-weakens-on-oil","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/u-s-stocks-climb-on-fed-minutes-tsx-weakens-on-oil\/","title":{"rendered":"U.S. stocks climb on Fed minutes, TSX weakens on oil"},"content":{"rendered":"<p>On Wednesday, American stocks rose modestly after the U.S. Fed&#8217;s minutes were released mid-afternoon stating that the Fed will make outsize interest rate hikes to battle hot inflation. The S&amp;P added 0.36%, the Nasdaq 0.35% and the Dow 0.22%. Otherwise, it was a relatively sedate session that saw healthcare and defence stocks outperform while energy slid.<\/p>\n<p>Major movers included <a href=\"https:\/\/stockchase.com\/company\/view\/873\/NOC-N\">Northrop Grumman<\/a> by 3.65%, <a href=\"https:\/\/stockchase.com\/company\/view\/732\/LMT-N\">Lockheed Martin<\/a> 2.37%, <a href=\"https:\/\/stockchase.com\/company\/view\/6263\/LHX-N\">L3Harris Technologies<\/a> 3.33% and <a href=\"https:\/\/stockchase.com\/company\/view\/3910\/MLM-N\">Martin Marietta Materials<\/a> 2.37%. Losers were <a href=\"https:\/\/stockchase.com\/company\/view\/4856\/FANG-Q\">Diamondback Energy<\/a> at -3.43%, <a href=\"https:\/\/stockchase.com\/company\/view\/5914\/MHK-N\">Mohawk Industries<\/a> -3.14% and <a href=\"https:\/\/stockchase.com\/company\/view\/3769\/EXPE-Q\">Expedia<\/a> -3.41%. Meanwhile, the U.S. 10-year yield inched up to 2.92% while Bitcoin hovered around $20,200 in a quiet sessions.<\/p>\n<p>Crude oil continued to slide as WTI surrendered 1% to fall below $99 and WCS sank 5.5% to below $77. That weakness pressured the TSX by 0.55% as the index remained well below 19,000. Only industrials showed any strength during the session. Major gainers were <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold<\/a> up 10.83%, <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray<\/a> up 8.31%, <a href=\"https:\/\/stockchase.com\/company\/view\/246\/CFP-T\">Canfor<\/a> 7.27% and <a href=\"https:\/\/stockchase.com\/company\/view\/213\/CAS-T\">Cascades<\/a> by 5.38%. Losers included <a href=\"https:\/\/stockchase.com\/company\/view\/1208\/TCW-T\">Trican Well Service<\/a> at -9.14%, <a href=\"https:\/\/stockchase.com\/company\/view\/5963\/PIPE-X\">Pipestone Energy<\/a> -8.68% and <a href=\"https:\/\/stockchase.com\/company\/view\/4475\/KEL-T\">Kelt Exploration<\/a> -8.62%.<\/p>\n<p>&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/873\/NOC-N\">Northrop Grumman (NOC-N)<\/a> +3.65%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/732\/LMT-N\">Lockheed Martin (LMT-N)<\/a> +2.37%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/6263\/LHX-N\">L3Harris Technologies (LHX-N)<\/a> +3.33%<br \/>\n&#x1f9f1; <a href=\"https:\/\/stockchase.com\/company\/view\/3910\/MLM-N\">Martin Marietta Materials\u00a0(MLM-N)<\/a> +2.37%<br \/>\n&#x1f48e; <a href=\"https:\/\/stockchase.com\/company\/view\/4856\/FANG-Q\">Diamondback Energy (FANG-Q)<\/a> -3.43%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/5914\/MHK-N\">Mohawk Industries (MHK-N)<\/a> -3.14%<br \/>\n&#x2708; <a href=\"https:\/\/stockchase.com\/company\/view\/3769\/EXPE-Q\">Expedia (EXPE-Q)<\/a> -3.41%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/4266\/MOZ-T\">Marathon Gold Corp (MOZ-T)<\/a> +10.83%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> +8.31%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/246\/CFP-T\">Canfor Corp (CFP-T)<\/a> +7.27%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/213\/CAS-T\">Cascades Inc (CAS-T)<\/a> +5.38%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1208\/TCW-T\">Trican Well Service Ltd. (TCW-T)<\/a> -9.14%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/5963\/PIPE-X\">Pipestone Energy Corp. (PIPE-X)<\/a> -8.68%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4475\/KEL-T\">Kelt Exploration (KEL-T)<\/a> -8.62%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, American stocks rose modestly after the U.S. Fed&#8217;s minutes were released mid-afternoon stating that the Fed will make outsize interest rate hikes to battle hot inflation. The S&amp;P added 0.36%, the Nasdaq 0.35% and the Dow 0.22%. Otherwise, [&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-284822","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\/284822","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=284822"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/284822\/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=284822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=284822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=284822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}