{"id":297149,"date":"2022-10-12T20:01:15","date_gmt":"2022-10-13T00:01:15","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=297149"},"modified":"2022-10-12T20:01:15","modified_gmt":"2022-10-13T00:01:15","slug":"tepid-trading-before-cpi-data","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tepid-trading-before-cpi-data\/","title":{"rendered":"Tepid trading before CPI data"},"content":{"rendered":"<p>Wednesday markets see-sawed by only modestly so, closing moderately down or flat. Markets lack direction ahead of Thursday morning&#8217;s crucial CPI inflation data from the U.S. On Wednesday morning, American PPI data (producers&#8217; inflation) came in higher than expected. The S&amp;P closed -0.336%, the Nasdaq -0.09%, and the Dow -0.1% while the TSX was flat. Eight of the 11 S&amp;P sectors were positive.<\/p>\n<p>Travel saw big gains as <a href=\"https:\/\/stockchase.com\/company\/view\/226\/CCL-N\">Carnival<\/a> leapt 9.86%, <a href=\"https:\/\/stockchase.com\/company\/view\/4452\/NCLH-N\">Norwegian Cruise Lines<\/a> 11.78% and <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines<\/a> 4.04%. Meanwhile, laggards included <a href=\"https:\/\/stockchase.com\/company\/view\/5309\/ALB-N\">Albemarle<\/a> at -7.67%, <a href=\"https:\/\/stockchase.com\/company\/view\/1635\/NEE-N\">Nextera Energy<\/a> -4.34% and <a href=\"https:\/\/stockchase.com\/company\/view\/732\/LMT-N\">Lockheed Martin<\/a> -3.11%. The U.S. 10-year yield ticked down to 3.9% while Bitcoin also inched down modestly to $19,100.<\/p>\n<p>In Toronto, most sectors were in the green, led by consumer staples, but weighed by utilities. Major gainers included <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray<\/a> up 7.3%, <a href=\"https:\/\/stockchase.com\/company\/view\/5384\/ATZ-T\">Aritzia<\/a> rallying 6.51% after raising their forecast, and <a href=\"https:\/\/stockchase.com\/company\/view\/2836\/CJT-T\">CargoJet<\/a> climbing 4.94%. Heading down were <a href=\"https:\/\/stockchase.com\/company\/view\/228\/CCO-T\">Cameco<\/a> by 13.48%, <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power<\/a> sliding 6.54% and <a href=\"https:\/\/stockchase.com\/company\/view\/616\/INE-T\">Innergex Renewable<\/a> sinking 6.23%.<\/p>\n<p>&#x1f6a2; <a href=\"https:\/\/stockchase.com\/company\/view\/226\/CCL-N\">Carnival Corp. (CCL-N)<\/a> +9.86%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/company\/view\/4452\/NCLH-N\">Norwegian Cruise Line Holdings (NCLH-N)<\/a> +11.78%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines Group (AAL-Q)<\/a> +4.04%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/5309\/ALB-N\">Albemarle Corp (ALB-N)<\/a> -7.67%<br \/>\n&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/1635\/NEE-N\">NextEra Energy (NEE-N)<\/a> -4.34%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/732\/LMT-N\">Lockheed Martin (LMT-N)<\/a> -3.11%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> +7.3%<br \/>\n&#x1f457; <a href=\"https:\/\/stockchase.com\/company\/view\/5384\/ATZ-T\">Aritzia Inc. (ATZ-T)<\/a> +6.51%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/2836\/CJT-T\">Cargojet Inc (CJT-T)<\/a> +4.94%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/228\/CCO-T\">Cameco Corporation (CCO-T)<\/a> -13.48%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power Systems (BLDP-T)<\/a> -6.54%<br \/>\n&#x1f4a1; <a href=\"https:\/\/stockchase.com\/company\/view\/616\/INE-T\">Innergex Renewable Energy (INE-T)<\/a> -6.23%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday markets see-sawed by only modestly so, closing moderately down or flat. Markets lack direction ahead of Thursday morning&#8217;s crucial CPI inflation data from the U.S. On Wednesday morning, American PPI data (producers&#8217; inflation) came in higher than expected. The [&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-297149","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\/297149","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=297149"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/297149\/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=297149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=297149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=297149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}