{"id":335591,"date":"2023-08-11T17:47:08","date_gmt":"2023-08-11T21:47:08","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=335591"},"modified":"2023-08-11T17:47:08","modified_gmt":"2023-08-11T21:47:08","slug":"tsx-climbs-wall-street-fades-on-inflation","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-climbs-wall-street-fades-on-inflation\/","title":{"rendered":"TSX climbs, Wall Street fades on inflation"},"content":{"rendered":"<p>The week ended with the TSX rising 1.25%, including 0.32% on Friday. Most sectors were higher, led by materials, real estate and energy. In contrast, discretionary and utilities lagged.<\/p>\n<p>Energy names were the most popular stocks, with <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge<\/a> gaining 0.84%, <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> 0.59% and <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus<\/a> 2.03%. In contrast, <a href=\"https:\/\/stockchase.com\/NPI-T\">Northland Power<\/a> sank 6.43% and <a href=\"https:\/\/stockchase.com\/CTC.A-T\">Canadian Tire<\/a> slid 5.54%. WTI crude added 0.36% to trade over $83 a barrel to extend oil&#8217;s summer rally.<\/p>\n<p>In New York, slightly hotter than expected PPI inflation data pressured American markets. The S&amp;P shed four points on Friday and -0.61% for the week; the Nasdaq -0.68% and -2.34%; and the Dow added 0.29% and 0.44% respectively. After strong gains this year, tech continued to lose ground. <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> finished -1.15%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> -3.58% and <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> -2.47%. Oil was the big winner as <a href=\"https:\/\/stockchase.com\/OXY-N\">Occidental Petroleum<\/a> rallied 3.31% and <a href=\"https:\/\/stockchase.com\/VLO-N\">Valero Energy<\/a> jumped 3.11%. The U.S. 10-year yield inched up to 4.16% while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> retreated 0.18% to $29,300.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/ENB-T\">Enbridge (ENB-T)<\/a> +0.84%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU-T)<\/a> +0.59%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus Energy (CVE-T)<\/a> +2.03%<br \/>\n&#x1f4a1; <a href=\"https:\/\/stockchase.com\/NPI-T\">Northland Power Inc (NPI-T)<\/a> -6.43%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/CTC.A-T\">Canadian Tire Corporation Ltd. (A) (CTC.A-T)<\/a> -5.54%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA-Q)<\/a> -1.15%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation (NVDA-Q)<\/a> -3.58%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> -2.47%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/OXY-N\">Occidental Petroleum Corp (OXY-N)<\/a> +3.31%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/VLO-N\">Valero Energy Corp (VLO-N)<\/a> +3.11%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -0.18%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week ended with the TSX rising 1.25%, including 0.32% on Friday. Most sectors were higher, led by materials, real estate and energy. In contrast, discretionary and utilities lagged. Energy names were the most popular stocks, with Enbridge gaining 0.84%, [&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-335591","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\/335591","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=335591"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/335591\/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=335591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=335591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=335591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}