{"id":304028,"date":"2022-12-01T17:05:33","date_gmt":"2022-12-01T22:05:33","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=304028"},"modified":"2022-12-01T17:05:33","modified_gmt":"2022-12-01T22:05:33","slug":"mixed-earnings-mixed-markets","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/mixed-earnings-mixed-markets\/","title":{"rendered":"Mixed earnings, mixed markets"},"content":{"rendered":"<p>Thursday saw markets swing between green and red, a day after the U.S. Fed&#8217;s comments that it would temper its interest rate hikes. Earnings, good and bad, dominated in the indices. In Canada, the TSX climbed 0.35% with all but two sectors (energy and utilities) rallying.<\/p>\n<p>Materials and tech led the way with <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> popping 5.48% and <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold<\/a> rising 4.83%. Other influential names included <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> at -2.4%, <a href=\"https:\/\/stockchase.com\/CM-T\">CIBC<\/a> -7.69% after reporting earnings, and <a href=\"https:\/\/stockchase.com\/K-T\">Kinross<\/a> up 6.29%. WTI crude added another 0.62% to top $81.<\/p>\n<p>Wall Street would have been generally flat or mildly positive were it not for <a href=\"https:\/\/stockchase.com\/CRM-N\">Salesforce<\/a> tanking 8.29% after reporting earnings and announcing that its co-CEO was stepping down. CRM weighed on the Dow, which retreated 0.56% for the session (but has risen 20% since its October low). The S&amp;P closed -0.09 but the Nasdaq advanced 0.13%. Major movers were <a href=\"https:\/\/stockchase.com\/META-Q\">Meta<\/a> up 2.2%, <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy<\/a> 5.77%, <a href=\"https:\/\/stockchase.com\/NFLX-Q\">Netflix<\/a> 3.84%, but the <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America<\/a> slid 3.2%. As tech continued to rally, the U.S. 10-year yield sipped to 3.505% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> added 1% to nearly touch $17,000.<\/p>\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +5.48%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold (ABX-T)<\/a> +4.83%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU-T)<\/a> -2.4%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/CM-T\">Canadian Imperial Bank of Commerce (CM-T)<\/a> -7.69%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/K-T\">Kinross Gold (K-T)<\/a> +6.29%<br \/>\n&#x1f4a8; <a href=\"https:\/\/stockchase.com\/CRM-N\">SalesForce.com Inc. (CRM-N)<\/a> -8.29%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/META-Q\">Meta Platforms Inc \/ Facebook (META-Q)<\/a> +2.2%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy Inc. (ETSY-Q)<\/a> +5.77%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/NFLX-Q\">Netflix Inc. (NFLX-Q)<\/a> +3.84%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America (BAC-N)<\/a> -3.2%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday saw markets swing between green and red, a day after the U.S. Fed&#8217;s comments that it would temper its interest rate hikes. Earnings, good and bad, dominated in the indices. In Canada, the TSX climbed 0.35% with all but [&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-304028","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\/304028","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=304028"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/304028\/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=304028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=304028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=304028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}