{"id":334177,"date":"2023-08-01T17:23:21","date_gmt":"2023-08-01T21:23:21","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=334177"},"modified":"2023-08-01T17:23:21","modified_gmt":"2023-08-01T21:23:21","slug":"stocks-drift-amid-earnings","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-drift-amid-earnings\/","title":{"rendered":"Stocks drift amid earnings"},"content":{"rendered":"<p>Tuesday saw the major indices drift downwards to start August amid a flurry of earnings reports. The TSX closed -0.45% as only three sectors, led by energy, rallied, and the others sank, especially materials and utilities.<\/p>\n<p>Despite reporting a miss, <a href=\"https:\/\/stockchase.com\/TFII-T\">TFI International<\/a> climbed 3.13%. Meanwhile, <a href=\"https:\/\/stockchase.com\/LNR-T\">Linamar<\/a> advanced 2.03%, the <a href=\"https:\/\/stockchase.com\/BNS-T\">Bank of Nova Scotia<\/a> closed -1.3% and <a href=\"https:\/\/stockchase.com\/K-T\">Kinross Gold<\/a> -3.5%. WTI held at just below $82 a barrel.<\/p>\n<p>On Wall Street, the Dow briefly touched a 52-week high of 35,679 and managed to close 0.2% higher. In contrast, the S&amp;P finished -0.27% and the Nasdaq -0.43%. Many major movers reported with varying results. <a href=\"https:\/\/stockchase.com\/UBER-N\">Uber<\/a> closed -5.68%, <a href=\"https:\/\/stockchase.com\/JBLU-Q\">JetBlue<\/a> -8.3%, <a href=\"https:\/\/stockchase.com\/CAT-N\">Caterpillar<\/a> 8.85% and <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> jumped 2.8% and rose even further after hours when it reported. Meanwhile, <a href=\"https:\/\/stockchase.com\/NCLH-N\">Norwegian Cruise Line<\/a> plunged 12.05%. The U.S. 10-year yield returned to 4% as <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> shed 0.2% to trend below $29,200.<\/p>\n<p>&#x1f69a; <a href=\"https:\/\/stockchase.com\/TFII-T\">TFI International Inc (TFII-T)<\/a> +3.13%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/LNR-T\">Linamar Corp (LNR-T)<\/a> +2.03%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/BNS-T\">Bank of Nova Scotia (BNS-T)<\/a> -1.3%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/K-T\">Kinross Gold (K-T)<\/a> -3.5%<br \/>\n&#x1f695; <a href=\"https:\/\/stockchase.com\/UBER-N\">Uber (UBER-N)<\/a> -5.68%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/JBLU-Q\">JetBlue Airways Corp. (JBLU-Q)<\/a> -8.3%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/CAT-N\">Caterpillar (CAT-N)<\/a> +8.85%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> +2.8%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/NCLH-N\">Norwegian Cruise Line Holdings (NCLH-N)<\/a> -12.05%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.2%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday saw the major indices drift downwards to start August amid a flurry of earnings reports. The TSX closed -0.45% as only three sectors, led by energy, rallied, and the others sank, especially materials and utilities. Despite reporting a miss, [&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-334177","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\/334177","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=334177"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/334177\/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=334177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=334177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=334177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}