{"id":335249,"date":"2023-08-09T19:42:03","date_gmt":"2023-08-09T23:42:03","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=335249"},"modified":"2023-08-09T19:42:03","modified_gmt":"2023-08-09T23:42:03","slug":"energy-lifts-tsx-wall-street-weakens","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/energy-lifts-tsx-wall-street-weakens\/","title":{"rendered":"Energy lifts TSX, Wall Street weakens"},"content":{"rendered":"<p>Wednesday saw crude oil&#8217;s ongoing rally lift the TSX 0.34% higher, helped by a strong showing in consumer staples, industrials and utilities, while discretionary names lagged. WTI jumped another 1.6% way past $84 a barrel.<\/p>\n<p>Major movers in Toronto included <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion Energy<\/a> up nearly 6%, CAE soaring 8.04% on a strong quarter, <a href=\"https:\/\/stockchase.com\/SJ-T\">Stella-Jones<\/a> popping 4.8%, though <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> gave back 5.42% after its recent rally, and <a href=\"https:\/\/stockchase.com\/NVEI-T\">Nuvei<\/a> plunged nearly 40% on a disappointing quarter.<\/p>\n<p>News of deflation in China&#8217;s consumer sector challenged Wall Street which faces American inflation data in the days ahead. The S&amp;P closed -0.7% to trade below 4,500, the Nasdaq -1.17%, and the Dow -0.54%. Most sectors were in the red. <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> finished -3.01%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> -4.72%, <a href=\"https:\/\/stockchase.com\/PARA-Q\">Paramount Global<\/a> -4.46%, <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom<\/a> -3.67% and <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet<\/a> 2.07%. The U.S. 10-year yield held at 4.014% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> declined 1% to $29,500.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion Energy Inc (VET-T)<\/a> +6%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/CAE-T\">CAE Inc (CAE-T)<\/a> +8.04%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/SJ-T\">Stella-Jones Inc. (SJ-T)<\/a> +4.8%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> -5.42%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVEI-T\">Nuvei Corp (NVEI-T)<\/a> -40%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> -3.01%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation (NVDA-Q)<\/a> -4.72%<br \/>\n&#x1f39e; <a href=\"https:\/\/stockchase.com\/PARA-Q\">Paramount Global (PARA-Q)<\/a> -4.46%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/AVGO-Q\">Broadcom (AVGO-Q)<\/a> -3.67%<br \/>\n&#x1f4bb; <a href=\"https:\/\/stockchase.com\/FTNT-Q\">Fortinet Inc (FTNT-Q)<\/a> +2.07%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday saw crude oil&#8217;s ongoing rally lift the TSX 0.34% higher, helped by a strong showing in consumer staples, industrials and utilities, while discretionary names lagged. WTI jumped another 1.6% way past $84 a barrel. Major movers in Toronto included [&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-335249","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\/335249","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=335249"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/335249\/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=335249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=335249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=335249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}