{"id":333618,"date":"2023-07-27T17:30:25","date_gmt":"2023-07-27T21:30:25","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=333618"},"modified":"2023-07-27T17:30:25","modified_gmt":"2023-07-27T21:30:25","slug":"markets-give-back-despite-earnings","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-give-back-despite-earnings\/","title":{"rendered":"Markets give back despite earnings"},"content":{"rendered":"<p>Stocks in Toronto and New York gave back recent gains Thursday, a day after an unsurprising U.S. Fed announcement about interest rates and amid some positive earnings. The TSX shed 0.83% but stayed above 20,000 as all sectors except healthcare sold off. Real estate and materials led the laggards.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovu<\/a>s was the most-traded stock, rallying 2.73%, but <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy<\/a> sank 4.19% and <a href=\"https:\/\/stockchase.com\/company\/view\/1266\/TRP-T\">TC Energy<\/a> shed 3.35% after announcing it was selling one of its businesses. Meanwhile, <a href=\"https:\/\/stockchase.com\/company\/view\/269\/CLS-T\">Celestica<\/a> rocketed 9.29% and <a href=\"https:\/\/stockchase.com\/company\/view\/5413\/SVI-T\">Storagevault<\/a> sank 9.34%. WTI oil rose 1.4% to touch nearly $80 a barrel as crude oil continued its summer rally.<\/p>\n<p>On Wall Street, all the major indices were down: the S&amp;P -0.64%, the Nasdaq -0.55%, and the Dow -0.67%. <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta<\/a> reported a strong beat and rallied 4.4%, though <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> sank 3.27%, <a href=\"https:\/\/stockchase.com\/company\/view\/5967\/T-N\">AT&amp;T<\/a> fell 2.55% and <a href=\"https:\/\/stockchase.com\/company\/view\/403\/EBAY-Q\">Ebay<\/a> plunged 10.53%. Intel reported after the closing bell and rallied after hours on a beat. The U.S. 10-year yield returned to 4%. <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> gave back 0.66% to trade around $29,100.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovus Energy (CVE-T)<\/a> +2.73%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1571\/CPG-T\">Crescent Point Energy Corp (CPG-T)<\/a> -4.19%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1266\/TRP-T\">TC Energy (TRP-T)<\/a> -3.35%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/269\/CLS-T\">Celestica Inc (CLS-T)<\/a> +9.29%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/5413\/SVI-T\">StorageVault Canada (SVI-T)<\/a> -9.34%<br \/>\n&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/META-Q\">Meta Platforms Inc \/ Facebook (META-Q)<\/a> +4.4%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> -3.27%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/5967\/T-N\">AT&amp;T (T-N)<\/a> -2.55%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/403\/EBAY-Q\">eBay Inc (EBAY-Q)<\/a> -10.53%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.66%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks in Toronto and New York gave back recent gains Thursday, a day after an unsurprising U.S. Fed announcement about interest rates and amid some positive earnings. The TSX shed 0.83% but stayed above 20,000 as all sectors except healthcare [&hellip;]<\/p>\n","protected":false},"author":12,"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-333618","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\/333618","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=333618"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/333618\/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=333618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=333618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=333618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}