{"id":305496,"date":"2022-12-13T17:12:32","date_gmt":"2022-12-13T22:12:32","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=305496"},"modified":"2022-12-13T17:12:32","modified_gmt":"2022-12-13T22:12:32","slug":"light-u-s-inflation-data-sparks-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/light-u-s-inflation-data-sparks-rally\/","title":{"rendered":"Light U.S. inflation data sparks rally"},"content":{"rendered":"<p>Lighter-than-expected U.S. inflation numbers propelled a strong rally early Tuesday, but those gains faded throughout the day. Nonetheless, the S&amp;P still gained 0.73%, the Nasdaq 1.01%, and the Dow 0.3%. Meanwhile, crude oil rally as WTI popped 3% to $75.<\/p>\n<p>Tech enjoyed outsized gains, such as <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta<\/a> up 4.74%. <a href=\"https:\/\/stockchase.com\/company\/view\/555\/HAL-N\">Halliburton<\/a> surged 8.31%, but airlines sank like <a href=\"https:\/\/stockchase.com\/company\/view\/6174\/UAL-Q\">United<\/a> which closed -6.75%. <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna<\/a> rocketed over 20% on positive news on its skin cancer drug. However, <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> continued to sink, losing another 3.92%. The U.S. 10-year yield slipped 30 3.508%.<\/p>\n<p>The TSX was flat for the day, but stayed above 20,000. Most sectors were positive, led by consumer staples and materials. Financials led the laggards, such as <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">BMO<\/a> at -1.79% and <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">TD<\/a> at -2.74%. <a href=\"https:\/\/stockchase.com\/company\/view\/9\/ABX-T\">Barrick Gold<\/a> rallied 3.91% and <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> added 1.96%. Brookfield Asset Management, which just spun off ticker BN-T, fell 7.08%.<\/p>\n<p>&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta Platforms Inc \/ Facebook (META-Q)<\/a> +4.74%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/555\/HAL-N\">Halliburton Co (HAL-N)<\/a> +8.31%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/6174\/UAL-Q\">United Airlines Holdings (UAL-Q)<\/a> -6.75%<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/company\/view\/6303\/MRNA-Q\">Moderna (MRNA-Q)<\/a> +20%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> -3.92%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/161\/BMO-T\">Bank of Montreal (BMO-T)<\/a> -1.79%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/1211\/TD-T\">Toronto Dominion (TD-T)<\/a> -2.74%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/9\/ABX-T\">Barrick Gold (ABX-T)<\/a> +3.91%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc (SU-T)<\/a> +1.96%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lighter-than-expected U.S. inflation numbers propelled a strong rally early Tuesday, but those gains faded throughout the day. Nonetheless, the S&amp;P still gained 0.73%, the Nasdaq 1.01%, and the Dow 0.3%. Meanwhile, crude oil rally as WTI popped 3% to $75. [&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-305496","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\/305496","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=305496"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/305496\/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=305496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=305496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=305496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}