{"id":341123,"date":"2024-03-15T17:45:55","date_gmt":"2024-03-15T21:45:55","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=341123"},"modified":"2024-03-15T17:45:58","modified_gmt":"2024-03-15T21:45:58","slug":"tsx-edges-up-wall-street-slips-on-inflation","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-edges-up-wall-street-slips-on-inflation\/","title":{"rendered":"TSX edges up, Wall Street slips on inflation"},"content":{"rendered":"\n<p>The week ended on a modestly upbeat note on Bay Street after the TSX climbed 27 points on Friday and 0.5% for the week to remain within striking distance of all-time highs. On Friday, materials and utilities led most sectors higher as discretionary lagged the most. <\/p>\n\n\n\n<p>Major movers: <a href=\"https:\/\/stockchase.com\/NWH.UN-T\">Northwest Healthcare REIT<\/a> up 8.55%, <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> -1.34%, <a href=\"https:\/\/stockchase.com\/NXE-T\">NexGen Energy<\/a> 3.48%, <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> -7.71% and <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> 7.8%. WTI held at $81 to cap a positive week as gold declined slightly to $2,160 an ounce.<\/p>\n\n\n\n<p>Wall Street was hit by hot consumer and producer inflation data the past week and both the S&amp;P and Nasdaq lost ground. The S&amp;P closed Friday -0.68% and -0.13% for the week, and the Nasdaq -0.96% during the session to close below 16,000 and -0.7% for the week. The Dow finished the day -0.53% but was flat for the week. Major movers: <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> -2.21%, <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> 2.16%, <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor<\/a> 3.32% and <a href=\"https:\/\/stockchase.com\/ULTA-Q\">Ulta Beauty<\/a> -5.39%. <a href=\"https:\/\/stockchase.com\/ADBE-Q\">Adobe<\/a> reported a top and bottom line beat, but guidance came in a little light, which triggered a near-14% slide. Meanwhile, <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> sank 1.6% to trade below $68,000. The U.S. 10-year yield held around 4.3%. All eyes will be on the U.S. Fed on March 20.<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/NWH.UN-T\">NorthWest Health Prop Real Est Inv Trust\u00a0(NWH.UN-T)<\/a> +8.55%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -1.34%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/NXE-T\">NexGen Energy\u00a0(NXE-T)<\/a> +3.48%<\/p>\n\n\n\n<p>&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry\u00a0(BB-T)<\/a> -7.71%<\/p>\n\n\n\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc.\u00a0(TLRY-Q)<\/a> +7.8%<\/p>\n\n\n\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com, Inc.\u00a0(AMZN-Q)<\/a> -2.21%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> +2.16%<\/p>\n\n\n\n<p>&#x26d3; <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor Corp.\u00a0(NUE-N)<\/a> +3.32%<\/p>\n\n\n\n<p>&#x1f484; <a href=\"https:\/\/stockchase.com\/ULTA-Q\">Ulta Salon Cosmetics and Fragrance Inc.\u00a0(ULTA-Q)<\/a> -5.39%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/ADBE-Q\">Adobe Systems\u00a0(ADBE-Q)<\/a> -14%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1.6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week ended on a modestly upbeat note on Bay Street after the TSX climbed 27 points on Friday and 0.5% for the week to remain within striking distance of all-time highs. On Friday, materials and utilities led most sectors [&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-341123","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\/341123","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=341123"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341123\/revisions"}],"predecessor-version":[{"id":341127,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/341123\/revisions\/341127"}],"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=341123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=341123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=341123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}