{"id":331287,"date":"2023-07-10T18:36:02","date_gmt":"2023-07-10T22:36:02","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=331287"},"modified":"2023-07-10T18:36:02","modified_gmt":"2023-07-10T22:36:02","slug":"moderate-monday","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/moderate-monday\/","title":{"rendered":"Moderate Monday"},"content":{"rendered":"<p>Markets on both sides of the border saw modest moves in light summertime trading to begin the week. The TSX slipped 0.1% with sectors mixed. Materials rose the most while telcos and utilities sold off.<\/p>\n<p>Major movers were <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex<\/a> up 2.7%, <a href=\"https:\/\/stockchase.com\/QBR.B-T\">Quebecor<\/a> -4.26%, <a href=\"https:\/\/stockchase.com\/TCL.A-T\">Transcontinental<\/a> -3.98%, <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham<\/a> 6.85% and <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> jumping 6.02% WTI crude slipped by 0.8% to trade above $73 a barrel. The Bank of Canada is expected to raise interest rates this week to combat inflation.<\/p>\n<p>Similarly, Wall Street is waiting for the latest consumer and producer inflation numbers this week. Markets rose modestly with the S&amp;P up 0.21%, the Nasdaq 0.15% and the Dow 0.59%. Travel names were strong with <a href=\"https:\/\/stockchase.com\/WYNN-Q\">Wynne Resorts<\/a> jumping 5.69% and <a href=\"https:\/\/stockchase.com\/MGM-N\">MGM<\/a> 5.59%. However tech showed weakness as <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet<\/a> class C closed -2.72% and <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> -2.04% though <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel<\/a> rallied 2.75%. The U.S. 10 year yield stayed at 4.004% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> rose 2.28% to $30,800.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> +2.7%<br \/>\n&#x1f5a8; <a href=\"https:\/\/stockchase.com\/QBR.B-T\">Quebecor Inc (B) (QBR.B-T)<\/a> -4.26%<br \/>\n&#x1f5a8; <a href=\"https:\/\/stockchase.com\/TCL.A-T\">Transcontinental Inc. (A) (TCL.A-T)<\/a> -3.98%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham (DND-T)<\/a> +6.85%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> +6.02%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/WYNN-Q\">Wynne Resorts Ltd. (WYNN-Q)<\/a> +5.69%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/MGM-N\">MGM Mirage (MGM-N)<\/a> +5.59%<br \/>\n&#x1f9ee; <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet Inc (GOOG-Q)<\/a> -2.72%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc. (AMZN-Q)<\/a> -2.04%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/INTC-Q\">Intel (INTC-Q)<\/a> +2.75%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +2.28%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets on both sides of the border saw modest moves in light summertime trading to begin the week. The TSX slipped 0.1% with sectors mixed. Materials rose the most while telcos and utilities sold off. Major movers were Baytex up [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":174836,"comment_status":"open","ping_status":"closed","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-331287","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\/331287","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=331287"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/331287\/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=331287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=331287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=331287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}