{"id":315109,"date":"2023-03-01T18:15:58","date_gmt":"2023-03-01T23:15:58","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=315109"},"modified":"2023-03-01T18:17:50","modified_gmt":"2023-03-01T23:17:50","slug":"mixed-day-amid-earnings","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/mixed-day-amid-earnings\/","title":{"rendered":"Mixed day amid earnings"},"content":{"rendered":"<p>Earnings ruled headlines on Bay Street Wednesday, but the TSX struggled for direction and closed only 0.22% higher.<\/p>\n<p>Energy was the strongest sector while financials were the weakest, weighed down by <a href=\"https:\/\/stockchase.com\/RY-T\">Royal<\/a>. Canada&#8217;s largest bank reported a disappointing quarter and sank 3.55%. Similarly, <a href=\"https:\/\/stockchase.com\/ZZZ-T\">Sleep Country Canada<\/a> also issued their quarterly report and plunged 7.69%. <a href=\"https:\/\/stockchase.com\/ARE-T\">Aecon<\/a> announced it was selling one of its businesses and those shares rocketed 8.38%. Similarly, <a href=\"https:\/\/stockchase.com\/SIS-T\">Savaria<\/a> announced a sale of a business and shares popped 3.24%. WTI advanced 0.88% to $77.70 while WCS gained even further, past $62 a barrel.<\/p>\n<p>Wall Street was mixed and slightly down, despite the Chinese market rallying on surprisingly strong, post-Covid economic data from China. The Dow was flat, but S&amp;P closed -0.49% and the Nasdaq -0.66%. <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> shares changed the most hands again, but declined 1.42% while <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> rallied 2.32%. <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> closed -2.13%, <a href=\"https:\/\/stockchase.com\/LOW-N\">Lowe<\/a>&#8216;s -5.4% and <a href=\"https:\/\/stockchase.com\/VLO-N\">Valero Energy<\/a> +5.7%. <a href=\"https:\/\/stockchase.com\/NVAX-Q\">Novavax<\/a> plunged nearly 26% after warning that it may not last another year. The U.S. 10-year yield touched 4% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> slipped 0.55% to $23,400.<\/p>\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/RY-T\">Royal Bank (RY-T)<\/a> -3.55%<br \/>\n&#x1f6cf; <a href=\"https:\/\/stockchase.com\/ZZZ-T\">Sleep Country Canada (ZZZ-T)<\/a> -7.69%<br \/>\n&#x1f9f1; <a href=\"https:\/\/stockchase.com\/ARE-T\">Aecon Group Inc (ARE-T)<\/a> +8.38%<br \/>\n&#x1f9bd; <a href=\"https:\/\/stockchase.com\/SIS-T\">Savaria Corp (SIS-T)<\/a> +3.24%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> -1.42%<br \/>\n&#x1f698; <a href=\"https:\/\/stockchase.com\/F-N\">Ford Motor (F-N)<\/a> +2.32%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc. (AMZN-Q)<\/a> -2.13%<br \/>\n&#x1f6d2; <a href=\"https:\/\/stockchase.com\/LOW-N\">Lowes Companies Inc. (LOW-N)<\/a> -5.4%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/VLO-N\">Valero Energy Corp (VLO-N)<\/a> +5.7%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/NVAX-Q\">Novavax Inc (NVAX-Q)<\/a> -26%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.55%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earnings ruled headlines on Bay Street Wednesday, but the TSX struggled for direction and closed only 0.22% higher. Energy was the strongest sector while financials were the weakest, weighed down by Royal. Canada&#8217;s largest bank reported a disappointing quarter and [&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-315109","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\/315109","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=315109"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/315109\/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=315109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=315109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=315109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}