October’s U.S. CPI print came in at 3.2%, slightly lower than the expected 3.3%, but it was enough to trigger a broad-based rally in New York and Toronto. The S&P surged 1.91% to nearly 4,500, the Nasdaq jumped 2.37% to cross 14,000, and the Dow added 1.43%. <\/p>\n\n\n\n
There was no shortage of gains, such as Tesla<\/a> climbing 6.12%, Bank of America<\/a> 5.49%, Intel<\/a> 3.09%, Albemarle<\/a> 9.75%, Etsy<\/a> 8.18% and Carnival<\/a> 8.69%. The U.S. 10-year yield edged down to 4.451% while Bitcoin<\/a> sank 3% to $35,400.<\/p>\n\n\n\n The TSX returned to 20,000 after rallying 1.6%. Nearly all sectors rose while energy merely dipped into the red. Materials, utilities and especially real estate led the gainers. Some of the big movers on Bay Street were Magna<\/a> up 4.06%, Northland Power<\/a> 4.93%, Brookfield Corp.<\/a> 5.96%, Fortuna Silver Mines<\/a> 10.02% and Ballard Power<\/a> 10.42%. WTI remained flat around $78.25. More U.S. Inflation data will be released on Wednesday.<\/p>\n\n\n\n 🚗 Tesla Inc (TSLA-Q)<\/a> +6.12%<\/p>\n\n\n\n 🏛 Bank of America (BAC-N)<\/a> +5.49%<\/p>\n\n\n\n 💾 Intel (INTC-Q)<\/a> +3.09%<\/p>\n\n\n\n ⛏ Albemarle Corp (ALB-N)<\/a> +9.75%<\/p>\n\n\n\n 🛍 Etsy Inc.\u00a0(ETSY-Q)<\/a> +8.18%<\/p>\n\n\n\n 🚢 Carnival Corp. (CCL-N)<\/a> +8.69%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -3%<\/p>\n\n\n\n 🛢 Magna Int’l. (A) (MG-T)<\/a> +4.06%<\/p>\n\n\n\n 💡 Northland Power Inc (NPI-T)<\/a> +4.93%<\/p>\n\n\n\n 🏛 Brookfield Corp (BN-T)<\/a> +5.96%<\/p>\n\n\n\n