Wednesday saw a mixed bag of economic news that ultimately ended with a flat session. Earnings season continued to roll on. <\/p>\n\n\n\n
Pfizer<\/a> beat handily and shares rallied 6.09%. However, Starbucks<\/a> and CVS<\/a> both disappointed and they tanked by -15.98% and -16.84% respectively. Tech also had an up and down day with Amazon<\/a> gaining 2.29% but AMD<\/a> sinking nearly 9%. The U.S. 10-year yield climbed edged down 4.639% while Bitcoin<\/a> slid 5.3% to US$57,400. Markets were in a holding pattern until the U.S. Fed’s Jay Powell announced the latest interest rate policy which was hold. His tone was not hawkish and he did not indicate a cut or increase coming in the future. U.S. markets initially popped then returned to their previous positions. The S&P ended -0.34%, the Nasdaq -0.33% and the Dow 0.23%.<\/p>\n\n\n\n The TSX was basically flat, up 14 points, though most sectors gained. Utilities was the strongest, while energy and discretionary lagged the most. Brookfield Renewable<\/a> soared 11.45%, Bombardier<\/a> rallied 7.38% and New Gold<\/a> shone 9.66%. However, Tilray<\/a> closed -19.3% and Baytex<\/a> was -5.1%. Gold added 1% to US$2,330 as WTI sank 3.35% to US$79.15.<\/p>\n\n\n\n 💉 Pfizer Inc\u00a0(PFE-N)<\/a> +6.09%<\/p>\n\n\n\n ☕ Starbucks\u00a0(SBUX-Q)<\/a> -15.98%<\/p>\n\n\n\n 👨⚕️ CVS Health Corp\u00a0(CVS-N)<\/a> -16.84%<\/p>\n\n\n\n 📦 Amazon.com, Inc.\u00a0(AMZN-Q)<\/a> +2.29%<\/p>\n\n\n\n 💾 Advanced Micro Devices\u00a0(AMD-Q)<\/a> -9%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -5.3%<\/p>\n\n\n\n 💡 Brookfield Renewable Energy\u00a0(BEP.UN-T)<\/a> +11.45%<\/p>\n\n\n\n 🚂 Bombardier Inc (B)\u00a0(BBD.B-T)<\/a> +7.38%<\/p>\n\n\n\n 🥇 New Gold Inc.\u00a0(NGD-T)<\/a> +9.66%<\/p>\n\n\n\n