{"id":296966,"date":"2022-10-11T17:49:31","date_gmt":"2022-10-11T21:49:31","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=296966"},"modified":"2022-10-11T17:49:31","modified_gmt":"2022-10-11T21:49:31","slug":"choppy-markets-ahead-of-cpi-data","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/choppy-markets-ahead-of-cpi-data\/","title":{"rendered":"Choppy markets ahead of CPI data"},"content":{"rendered":"<p>Tuesday saw choppy trading, particularly on Wall Street, ahead of Thursday&#8217;s morning latest consumer inflation data. The S&amp;P closed -0.65%, the Nasdaq -1.1% below 10,500, and the Dow up 0.12% with about half of stocks trading higher. Tech was hit hard.<\/p>\n<p>The most influential names were <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> at -1.26%, <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> -0.99%, <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> -3.13%, <a href=\"https:\/\/stockchase.com\/company\/view\/487\/F-N\">Ford<\/a> 1.58%, <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines<\/a> 1.7% and the <a href=\"https:\/\/stockchase.com\/company\/view\/123\/BAC-N\">Bank of America<\/a> -2.97%. The U.S. 10-year yield continued to inch up, touching 3.945%. Meanwhile, <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> slid 1.2% to fall below $19,000.<\/p>\n<p>Energy&#8217;s weakness pressured the TSX which shed 1.95%. In fact, every sector was in the red, except consumer staples. Major movers on Bay Street were <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> at -3.32%, <a href=\"https:\/\/stockchase.com\/company\/view\/1266\/TRP-T\">TC Energy<\/a> -2.37%, the <a href=\"https:\/\/stockchase.com\/company\/view\/169\/BNS-T\">Bank of Nova Scotia<\/a> -1.23%, <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> -4.13% and <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">TD Bank<\/a> at -1.71%. One of the few gainers was <a href=\"https:\/\/stockchase.com\/company\/view\/1342\/WFG-T\">West Fraser Timber<\/a> popping 4.19%. WTI sank 3% to trade around $88.50. The VIX jumped 3.76% to 33.67.<\/p>\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple (AAPL-Q)<\/a> -1.26%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> -0.99%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> -3.13%<br \/>\n&#x1f698; <a href=\"https:\/\/stockchase.com\/company\/view\/487\/F-N\">Ford Motor (F-N)<\/a> +1.58%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines Group (AAL-Q)<\/a> +1.7%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/123\/BAC-N\">Bank of America (BAC-N)<\/a> -2.97%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -1.2%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs (CNQ-T)<\/a> -3.32%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1266\/TRP-T\">TC Energy (TRP-T)<\/a> -2.37%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/169\/BNS-T\">Bank of Nova Scotia (BNS-T)<\/a> -1.23%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc (SU-T)<\/a> -4.13%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">Toronto Dominion (TD-T)<\/a> -1.71%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/1342\/WFG-T\">West Fraser Timber (WFG-T)<\/a> +4.19%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday saw choppy trading, particularly on Wall Street, ahead of Thursday&#8217;s morning latest consumer inflation data. The S&amp;P closed -0.65%, the Nasdaq -1.1% below 10,500, and the Dow up 0.12% with about half of stocks trading higher. Tech was hit [&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-296966","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\/296966","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=296966"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/296966\/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=296966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=296966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=296966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}