{"id":340312,"date":"2023-11-15T17:34:35","date_gmt":"2023-11-15T22:34:35","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=340312"},"modified":"2023-11-15T17:34:39","modified_gmt":"2023-11-15T22:34:39","slug":"rally-continues-after-more-tame-inflation-data","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/rally-continues-after-more-tame-inflation-data\/","title":{"rendered":"Rally continues after more tame inflation data"},"content":{"rendered":"\n<p>Wednesday saw the second-straight day of tame inflation data coming out of the U.S., this time being producers&#8217; inflation, which prolonged Tuesday&#8217;s strong rally. Gains were less pronounced, but still convincing as the S&amp;P advanced 0.26% to surpass 4,500, the Nasdaq 0.16%, and the Dow added 0.58% to top 35,000. <\/p>\n\n\n\n<p>Key movers included <a href=\"https:\/\/stockchase.com\/company\/view\/1227\/TGT-N\">Target<\/a> who reported a beat and soared 18.37%, <a href=\"https:\/\/stockchase.com\/company\/view\/1456\/VFC-N\">VF Corp.<\/a> 14.55%, <a href=\"https:\/\/stockchase.com\/company\/view\/3769\/EXPE-Q\">Expedia<\/a> 6.26%, <a href=\"https:\/\/stockchase.com\/company\/view\/5774\/ETSY-Q\">Etsy<\/a> 5.66%, though <a href=\"https:\/\/stockchase.com\/company\/view\/729\/LLY-N\">Eli Lilly<\/a> sank 3.52%. The U.S. 10-year yield came in at 4.543% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> jumped 6% to $37,600.<\/p>\n\n\n\n<p>The TSX closed off its highs, but still added 0.15%. Most sectors gained, led by tech and utilities, though staples plunged. Major movers on Bay Street included <a href=\"https:\/\/stockchase.com\/company\/view\/814\/MRU-T\">Metro<\/a> which sank 6.81% after a disappointing quarter, <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray<\/a> popping 5.06%, <a href=\"https:\/\/stockchase.com\/company\/view\/2175\/BIR-T\">Birchcliffe Energy<\/a> -5.75%, <a href=\"https:\/\/stockchase.com\/company\/view\/246\/CFP-T\">Canfor<\/a> 4.11% and <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">CNQ<\/a> -1.48% which echoed weakness in crude. WTO declined 2.2% to trade at $76.55.<\/p>\n\n\n\n<p>&#x1f457; <a href=\"https:\/\/stockchase.com\/company\/view\/1227\/TGT-N\">Target Corp\u00a0(TGT-N)<\/a> +18.37%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/1456\/VFC-N\">VF Corporation\u00a0(VFC-N)<\/a> +14.55%<\/p>\n\n\n\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/3769\/EXPE-Q\">Expedia\u00a0(EXPE-Q)<\/a> +6.26%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5774\/ETSY-Q\">Etsy Inc.\u00a0(ETSY-Q)<\/a> +5.66%<\/p>\n\n\n\n<p>&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/729\/LLY-N\">Eli Lilly &amp; Co.\u00a0(LLY-N)<\/a> -3.52%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +6%<\/p>\n\n\n\n<p>&#x1f371; <a href=\"https:\/\/stockchase.com\/company\/view\/814\/MRU-T\">Metro Inc (A)\u00a0(MRU-T)<\/a> -6.81%<\/p>\n\n\n\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray Inc.\u00a0(TLRY-Q)<\/a> -5.06%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/2175\/BIR-T\">Birchcliff Energy Ltd.\u00a0(BIR-T)<\/a> -5.75%<\/p>\n\n\n\n<p>&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/246\/CFP-T\">Canfor Corp\u00a0(CFP-T)<\/a> +4.11%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/286\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -1.48%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday saw the second-straight day of tame inflation data coming out of the U.S., this time being producers&#8217; inflation, which prolonged Tuesday&#8217;s strong rally. Gains were less pronounced, but still convincing as the S&amp;P advanced 0.26% to surpass 4,500, the [&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-340312","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\/340312","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=340312"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340312\/revisions"}],"predecessor-version":[{"id":340316,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340312\/revisions\/340316"}],"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=340312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=340312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=340312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}