{"id":340769,"date":"2024-01-16T17:34:00","date_gmt":"2024-01-16T22:34:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=340769"},"modified":"2024-01-17T17:27:07","modified_gmt":"2024-01-17T22:27:07","slug":"canadian-inflation-rises","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/canadian-inflation-rises\/","title":{"rendered":"Canadian inflation rises"},"content":{"rendered":"\n<p>Tuesday saw the bears return to the markets. The TSX closed below 21,000 after shedding 0.54%. Unexpectedly, December CPI came in at 3.4%, higher than November&#8217;s 3.1%. Sectors were evenly mixed, though strength in staples and telcos couldn&#8217;t offset deep losses in energy and materials. <\/p>\n\n\n\n<p>Notable names were <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold<\/a>, closing -8.8% after its 2023 gold production fell short of guidance. <a href=\"https:\/\/stockchase.com\/PXT-T\">Parex Resources<\/a> plunged 15.7% after reporting. Elsewhere, <a href=\"https:\/\/stockchase.com\/TD-T\">TD<\/a> gave back Monday&#8217;s gains by slipping 1.28%, <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> jumped 6.87% and <a href=\"https:\/\/stockchase.com\/KXS-T\">Kinaxis<\/a> popped 4.42%. WTI sank 1.25% to trade below $72 a barrel.<\/p>\n\n\n\n<p>Wall Street returned to business with the S&amp;P closing -0.37%, the Nasdaq -0.19% to below 15,000, and the Dow -0.62%. The U.S. 10-year yield returned to 4%. Major movers included chipmakers <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> surging 8.31% and <a href=\"https:\/\/stockchase.com\/WDC-Q\">Western Digital<\/a> 4.45%. However, <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing<\/a> closed -7.59%, <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America<\/a> -2.07% and <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> -1.23%. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> regained 2.25% to nearly $43,500.<\/p>\n\n\n\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-T\">Barrick Gold\u00a0(ABX-T)<\/a> -8.8%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/PXT-T\">Parex Resources Inc.\u00a0(PXT-T)<\/a> -15.7%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> -1.28%<\/p>\n\n\n\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc.\u00a0(TLRY-Q)<\/a> +6.87%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/KXS-T\">Kinaxis Inc\u00a0(KXS-T)<\/a> +4.42%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> +8.31%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/WDC-Q\">Western Digital\u00a0(WDC-Q)<\/a> +4.45%<\/p>\n\n\n\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing\u00a0(BA-N)<\/a> -7.59%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/BAC-N\">Bank of America\u00a0(BAC-N)<\/a> -2.07%<\/p>\n\n\n\n<p>&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple Inc\u00a0(AAPL-Q)<\/a> -1.23%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +2.25%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday saw the bears return to the markets. The TSX closed below 21,000 after shedding 0.54%. Unexpectedly, December CPI came in at 3.4%, higher than November&#8217;s 3.1%. Sectors were evenly mixed, though strength in staples and telcos couldn&#8217;t offset deep [&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-340769","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\/340769","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=340769"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340769\/revisions"}],"predecessor-version":[{"id":340779,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340769\/revisions\/340779"}],"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=340769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=340769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=340769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}