{"id":342102,"date":"2024-09-11T17:11:50","date_gmt":"2024-09-11T21:11:50","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342102"},"modified":"2024-09-11T17:11:54","modified_gmt":"2024-09-11T21:11:54","slug":"u-s-inflation-declines-stocks-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/u-s-inflation-declines-stocks-rally\/","title":{"rendered":"U.S. inflation declines, stocks rally"},"content":{"rendered":"\n<p>The latest CPI number in the U.S. came in slightly lower than expected at 2.5% year over year instead of 2.6%. In August, prices climbed 0.2% over the previous month as predicted. Markets greeted the news by buying: the Nasdaq 1.77%, the S&amp;P 0.7% and the Dow only 18 points. <\/p>\n\n\n\n<p>Key names: <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> 7.43%, <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> 4.63%, <a href=\"https:\/\/stockchase.com\/FSLR-Q\">First Solar<\/a> 14.01% and <a href=\"https:\/\/stockchase.com\/ALB-N\">Albemarle<\/a> 10.68%. The U.S. 10-year yield hovered around 3.663% while Bitcoin inched up to US$57,700.<\/p>\n\n\n\n<p>Excepting telcos, every TSX sector rallied to lift the index by 0.72%. <a href=\"https:\/\/stockchase.com\/DOL-T\">Dollarama<\/a> jumped 8.18%, <a href=\"https:\/\/stockchase.com\/AG-T\">First Majestic Silver<\/a> 7.5%, <a href=\"https:\/\/stockchase.com\/EFR-T\">Energy Fuels<\/a> 7.45% and <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> 6.6%. Gold slipped a few dollars to US$2,513 and WTI regained 2% to US $67.10.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +7.43%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> +4.63%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/FSLR-Q\">First Solar Inc.\u00a0(FSLR-Q)<\/a> +14.01%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/ALB-N\">Albemarle Corp\u00a0(ALB-N)<\/a> +10.68%<\/p>\n\n\n\n<p>&#x1f6d2; <a href=\"https:\/\/stockchase.com\/DOL-T\">Dollarama Inc.\u00a0(DOL-T)<\/a> +8.18%<\/p>\n\n\n\n<p>&#x1f948; <a href=\"https:\/\/stockchase.com\/AG-T\">First Majestic Silver\u00a0(FR-T)<\/a> +7.5%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/EFR-T\">Energy Fuels Inc.\u00a0(EFR-T)<\/a> +7.45%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals\u00a0(FM-T)<\/a> +6.6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest CPI number in the U.S. came in slightly lower than expected at 2.5% year over year instead of 2.6%. In August, prices climbed 0.2% over the previous month as predicted. Markets greeted the news by buying: the Nasdaq [&hellip;]<\/p>\n","protected":false},"author":9,"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-342102","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\/342102","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=342102"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342102\/revisions"}],"predecessor-version":[{"id":342104,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342102\/revisions\/342104"}],"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=342102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}