{"id":319210,"date":"2023-03-31T19:16:38","date_gmt":"2023-03-31T23:16:38","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=319210"},"modified":"2023-03-31T19:16:38","modified_gmt":"2023-03-31T23:16:38","slug":"u-s-inflation-canadian-telcos-lift-markets","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/u-s-inflation-canadian-telcos-lift-markets\/","title":{"rendered":"U.S. inflation, Canadian telcos lift markets"},"content":{"rendered":"<p>A slight decline in U.S. core inflation, based on February data released Friday encouraged a modest risk-on session that ended the day, week and quarter positively. Meanwhile, Ottawa approved the long-awaited Rogers-Shaw merger, which helped the TSX rally.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/SJR.B-T\">Shaw<\/a> gained 3.27%, but <a href=\"https:\/\/stockchase.com\/RCI.B-T\">Rogers<\/a> sank 2.88% after the news, taking with its the telco space. Otherwise, TSX sectors were in the green, led by indsutrials and tech. <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> reported a mixed quarter, but strong guidance, so shares leapt 14.39% for the day and 40% for the quarter. Similarly, Shopify rebounded 38% in Q1. Also faring well on Friday was <a href=\"https:\/\/stockchase.com\/OSK-T\">Osisko Mining<\/a>, popping nearly 7%. The TSX itself rose 0.8% ion the session and 3% for the week and 3.69% for the quarter. WTI&#8217;s 1.6% gain to $75.50 helped.<\/p>\n<p>The big news on Wall Street as megatech&#8217;s comeback in Q1. The Nasdaq led the indices by rising nearly 17%, including 1.74% on Friday. The biggest movers were <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a>, jumping 5.93% and 68% in Q1, and <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> at 1.61% and 27% respectively. However, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> outshone both by soaring 90% in the quarter and 1.38% on Friday. GE soared 46% in Q1. On Friay, <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron<\/a> gave back 4.33% of recent gains. The S&amp;P rallied 1.45% on Friday and 7% in Q1 while the Dow climbed 1.26% Friday pasted 33,000, but barely managhed a gain in the quarter. The U.S. 10-year yield inched down to 3.485% as Bitcoin rose to $28,500.<\/p>\n<p>&#x1f4e1; <a href=\"https:\/\/stockchase.com\/SJR.B-T\">Shaw Communication (B) (SJR.B-T)<\/a> +3.27%<br \/>\n&#x1f4e1; <a href=\"https:\/\/stockchase.com\/RCI.B-T\">Rogers Communications (B) (RCI.B-T)<\/a> -2.88%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry (BB-T)<\/a> +14.39%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/OSK-T\">Osisko Mining (OSK-T)<\/a> +7%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> +5.93%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc (AAPL-Q)<\/a> +1.61%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation (NVDA-Q)<\/a> +1.38%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron Technology (MU-Q)<\/a> -4.33%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A slight decline in U.S. core inflation, based on February data released Friday encouraged a modest risk-on session that ended the day, week and quarter positively. Meanwhile, Ottawa approved the long-awaited Rogers-Shaw merger, which helped the TSX rally. Shaw gained [&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-319210","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\/319210","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=319210"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/319210\/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=319210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=319210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=319210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}