The TSX advanced 13 points on Wednesday in mixed trading. Staples and materials led while industrials and real estate lagged. <\/p>\n\n\n\n
Key movers were Goeasy<\/a> rallying 6.27%, Air Canada<\/a> 6.27%, Birchcliffe Energy<\/a> 4.51% while Baytex Energy<\/a> finished -1.39% and TFI International<\/a> -7.03%. Gold retreated slightly to US$2,370, but remained near historic highs, while WTI crude slid $2.50 to $82.85.<\/p>\n\n\n\n The words of U.S. Fed chief, Jay Powell, echoed from late Tuesday on Wall Street and resulted in mild losses Wednesday: the S&P -0.58%, the Nasdaq -1.15% and the Dow -0.12%. Powell said that it would probably take “longer than expected” to reach the Fed’s 2% inflation goal. Major movers of the day included airlines after United<\/a> reported a beat and soared 17.45%. American Airlines<\/a> rose 6.6%. Meanwhile, Bank of America<\/a> rose 1.59% as bank earnings continued, though AMD<\/a> closed -5.78% and Prologis<\/a> -7.19%. Bitcoin<\/a> sank 3.8% to trade around $61,350.<\/p>\n\n\n\n 🏛 goeasy\u00a0(GSY-T)<\/a> +6.27%<\/p>\n\n\n\n 🛫 Air Canada\u00a0(AC-T)<\/a> +6.27%<\/p>\n\n\n\n 🛢 Birchcliff Energy Ltd.\u00a0(BIR-T)<\/a> +4.51%<\/p>\n\n\n\n 🛢 Baytex Energy Corp\u00a0(BTE-T)<\/a> -1.39%<\/p>\n\n\n\n 🚚 TFI International Inc\u00a0(TFII-T)<\/a> -7.03%<\/p>\n\n\n\n 🛫 United Airlines Holdings\u00a0(UAL-Q)<\/a> +17.45%<\/p>\n\n\n\n 🛫 American Airlines Group\u00a0(AAL-Q)<\/a> +6.6%<\/p>\n\n\n\n 🏛 Bank of America\u00a0(BAC-N)<\/a> +1.59%<\/p>\n\n\n\n 💾 Advanced Micro Devices\u00a0(AMD-Q)<\/a> -5.78%<\/p>\n\n\n\n