{"id":335427,"date":"2023-08-10T20:17:30","date_gmt":"2023-08-11T00:17:30","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=335427"},"modified":"2023-08-10T20:17:30","modified_gmt":"2023-08-11T00:17:30","slug":"stocks-edge-up-on-positive-u-s-inflation","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-edge-up-on-positive-u-s-inflation\/","title":{"rendered":"Stocks edge up on positive U.S. inflation"},"content":{"rendered":"<p>Thursday morning saw markets pop on the latest U.S. inflation data which came in at 3.2% YOY in July, slightly lower than the expected 3.3%. American stocks in particular cooled down as the session headed into the close, but finished moderately higher. While the S&amp;P was flat, the Nasdaq advanced 0.12% while the Dow added 0.15%.<\/p>\n<p>Earnings continued to move stocks such as <a href=\"https:\/\/stockchase.com\/DIS-N\">Disney<\/a> which jumped 4.88%. Elsewhere, <a href=\"https:\/\/stockchase.com\/WYNN-Q\">Wynne Resorts<\/a> rallied 2.63%, <a href=\"https:\/\/stockchase.com\/EL-N\">Estee Lauder<\/a> added 2.26% but <a href=\"https:\/\/stockchase.com\/F-N\">Ford<\/a> sank -4.48%. The U.S. 10-year yield inched up to 4.1% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> retraced by 0.45% to $29,400.<\/p>\n<p>The TSX extended gains by 0.33% as sectors were mixed. By far, consumer staples led, helped by financials and telcos. In contrast, telcos were weak. Key movers included <a href=\"https:\/\/stockchase.com\/GOOS-T\">Canada Goose<\/a> soaring 5.42%, <a href=\"https:\/\/stockchase.com\/BN-T\">Brookfield Corp<\/a>. jumping 5.07% after reporting, <a href=\"https:\/\/stockchase.com\/SIL-T\">Silvercrest Metals<\/a> leaping 8.25%, though <a href=\"https:\/\/stockchase.com\/FVI-T\">Fortuna Silver Mines<\/a> sank 11.76% and <a href=\"https:\/\/stockchase.com\/STLC-T\">Stelco<\/a> fell nearly 9%. WTI oil gave back 1.8% to return below $83.<\/p>\n<p>&#x1f478; <a href=\"https:\/\/stockchase.com\/DIS-N\">Walt Disney Co. (DIS-N)<\/a> +4.88%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/WYNN-Q\">Wynne Resorts Ltd. (WYNN-Q)<\/a> +2.63%<br \/>\n&#x1f484; <a href=\"https:\/\/stockchase.com\/EL-N\">Estee Lauder (EL-N)<\/a> +2.26%<br \/>\n&#x1f698; <a href=\"https:\/\/stockchase.com\/F-N\">Ford Motor (F-N)<\/a> -4.48%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.45%<br \/>\n&#x1f9e3; <a href=\"https:\/\/stockchase.com\/GOOS-T\">Canada Goose Holdings (GOOS-T)<\/a> +5.42%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/BN-T\">Brookfield Corp (BN-T)<\/a> +5.07%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/SIL-T\">SilverCrest Metals Inc (SIL-T)<\/a> +8.25%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/FVI-T\">Fortuna Silver Mines (FVI-T)<\/a> -11.76%<br \/>\n&#x26d3; <a href=\"https:\/\/stockchase.com\/STLC-T\">Stelco Holdings Inc. (STLC-T)<\/a> -9%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday morning saw markets pop on the latest U.S. inflation data which came in at 3.2% YOY in July, slightly lower than the expected 3.3%. American stocks in particular cooled down as the session headed into the close, but finished [&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-335427","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\/335427","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=335427"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/335427\/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=335427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=335427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=335427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}