{"id":301242,"date":"2022-11-10T18:13:05","date_gmt":"2022-11-10T23:13:05","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=301242"},"modified":"2022-11-10T18:23:02","modified_gmt":"2022-11-10T23:23:02","slug":"stocks-soar-on-light-inflation-data","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-soar-on-light-inflation-data\/","title":{"rendered":"Stocks soar on light inflation data"},"content":{"rendered":"<p>On Thursday morning, U.S. CPI data came in slightly lighter than expected, but triggered a sharp rebound in stocks across the board. Volumes were higher than usual and the session closed on strength. The S&amp;P vaulted 5.53% to nearly 4,000, the Nasdaq jumped 7.35% beyond 11,000, and the Dow added 3.69%. All sectors were positive and the Nasdaq enjoyed its best day in two years. Megacap tech, which has beaten down lately, led gains.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon<\/a> jumped 11.79%, <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> 6.68%, <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple<\/a> 7.91 and <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta<\/a> 10.37% as the most-traded stocks on Wall Street. Elsewhere, <a href=\"https:\/\/stockchase.com\/company\/view\/6401\/CZR-Q\">Caesars Entertainment<\/a> soared 18.9% and <a href=\"https:\/\/stockchase.com\/company\/view\/4750\/IVZ-N\">Invesco<\/a> 18.29%. Meanwhile, the U.S. 10-year sank to 3.827% though <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> recovered some ground, adding 9% to nearly $18,000.<\/p>\n<p>Toronto also saw green across the screen as the TSX popped 3.37%. Major gainers were <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a>, up 16.47% and <a href=\"https:\/\/stockchase.com\/company\/view\/2403\/BAM-N\">Brookfield Asset Management<\/a> by 8.57%. The street was impressed by the quarterly reports of <a href=\"https:\/\/stockchase.com\/company\/view\/206\/CAE-T\">CAE<\/a> and big up shares by 18.21% and <a href=\"https:\/\/stockchase.com\/company\/view\/1620\/CSHUN-T\">Chartwell Retirement Residences<\/a> which advanced 5.69%. WTI crude added half a percent to $86 a barrel.<\/p>\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon.com (AMZN-Q)<\/a> +11.79%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> +6.68%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\">Apple (AAPL-Q)<\/a> +7.91%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta Platforms Inc \/ Facebook (META-Q)<\/a> +10.37%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/company\/view\/6401\/CZR-Q\">Caesars Entertainment (CZR-Q)<\/a> +18.9%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/4750\/IVZ-N\">Invesco Ltd. (IVZ-N)<\/a> +18.29%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +9%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +16.47%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/2403\/BAM-N\">Brookfield Asset Management Inc. (BAM-N)<\/a> +8.57%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/206\/CAE-T\">CAE Inc (CAE-T)<\/a> +18.21%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1620\/CSHUN-T\">Chartwell Seniors Housing (CSH.UN-T)<\/a> +5.69%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday morning, U.S. CPI data came in slightly lighter than expected, but triggered a sharp rebound in stocks across the board. Volumes were higher than usual and the session closed on strength. The S&amp;P vaulted 5.53% to nearly 4,000, [&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-301242","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\/301242","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=301242"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/301242\/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=301242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=301242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=301242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}