{"id":340631,"date":"2023-12-21T18:22:45","date_gmt":"2023-12-21T23:22:45","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=340631"},"modified":"2023-12-21T18:22:49","modified_gmt":"2023-12-21T23:22:49","slug":"stocks-rebound-inflation-softens","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stocks-rebound-inflation-softens\/","title":{"rendered":"Stocks rebound, inflation softens"},"content":{"rendered":"\n<p>Fears of a second-straight day of losses faded during the Thursday session which saw a consistent rebound to recover most of the losses of the previous day. The TSX regained 0.79% as all sectors rallied, led by consumer staples, industrials and materials. <\/p>\n\n\n\n<p>Major movers included <a href=\"https:\/\/stockchase.com\/EFR-T\">Energy Fuels<\/a> soaring 8.17%, <a href=\"https:\/\/stockchase.com\/CJT-T\">Cargojet<\/a> rising 5.71%, <a href=\"https:\/\/stockchase.com\/ATZ-T\">Aritzia<\/a> 4.41%, <a href=\"https:\/\/stockchase.com\/CS-T\">Capstone Copper<\/a> 4.2% though <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> slid 13.5% after missing revenues. WTI slipped 0.3% to $74 a barrel.<\/p>\n\n\n\n<p>On Wall Street, the S&amp;P rose 1.03%, the Nasdaq 1.26% to nearly 15,000, and the Dow 0.87%. Fueling the rally was the core PCE price index which slid to a tame 2% in Q3. Chip names like <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron<\/a> helped revive markets as the company jumped 8.63% after reporting, <a href=\"https:\/\/stockchase.com\/WDC-Q\">Western Digital<\/a> up 6.01%, <a href=\"https:\/\/stockchase.com\/VFC-N\">VF Corp<\/a>. rallied 7.08%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> up 2.98%, and <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival<\/a> popping 6.2% after beating. The U.S. 10-year yield held around 3.89 while <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> edged up 0.3% to $43,800.<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/EFR-T\">Energy Fuels Inc.\u00a0(EFR-T)<\/a> +8.17%<\/p>\n\n\n\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/CJT-T\">Cargojet Inc\u00a0(CJT-T)<\/a> +5.71%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/CS-T\">Capstone Copper Corp\u00a0(CS-T)<\/a> +4.2%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry\u00a0(BB-T)<\/a> -13.5%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron Technology\u00a0(MU-Q)<\/a> +8.63%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/WDC-Q\">Western Digital\u00a0(WDC-Q)<\/a> +6.01%<\/p>\n\n\n\n<p>&#x1f9e6; <a href=\"https:\/\/stockchase.com\/VFC-N\">VF Corporation\u00a0(VFC-N)<\/a> +7.08%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc\u00a0(TSLA-Q)<\/a> +2.98%<\/p>\n\n\n\n<p>&#x1f6a2; <a href=\"https:\/\/stockchase.com\/CCL-N\">Carnival Corp.\u00a0(CCL-N)<\/a> +6.2%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +0.3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fears of a second-straight day of losses faded during the Thursday session which saw a consistent rebound to recover most of the losses of the previous day. The TSX regained 0.79% as all sectors rallied, led by consumer staples, industrials [&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-340631","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\/340631","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=340631"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340631\/revisions"}],"predecessor-version":[{"id":340635,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340631\/revisions\/340635"}],"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=340631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=340631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=340631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}