{"id":342354,"date":"2024-10-22T17:31:02","date_gmt":"2024-10-22T21:31:02","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342354"},"modified":"2024-10-22T17:31:05","modified_gmt":"2024-10-22T21:31:05","slug":"flat-markets-rising-yields","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/flat-markets-rising-yields\/","title":{"rendered":"Flat markets, rising yields"},"content":{"rendered":"\n<p>On Tuesday, the U.S. 10-year climbed to 4.2% while markets in New York and Toronto were flat in the middle of earnings season. The S&amp;P shed two points, the Dow lost six while the Nasdaq crept up by 0.18%. <\/p>\n\n\n\n<p>Major movers on Wall Street included <a href=\"https:\/\/stockchase.com\/company\/view\/7441\/SMCI-Q\">Super Micro Computer<\/a> at -3.45%, <a href=\"https:\/\/stockchase.com\/company\/view\/517\/GE-N\">GE<\/a> -8.77%, <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreens<\/a> -6.56%, <a href=\"https:\/\/stockchase.com\/company\/view\/3953\/NSC-N\">Norfolk Southern<\/a> 4.94%, and <a href=\"https:\/\/stockchase.com\/company\/view\/529\/GM-N\">General Motors<\/a> 9.81% after vaulting over profit estimates. Even Bitcoin was flat, down only US$250 to US$67,500.<\/p>\n\n\n\n<p>In Toronto, the TSX gave back 17 points as sectors were mixed. Healthcare and materials rose while consumer discretionary and tech faded. Major movers: <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray<\/a> 7.27%, <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada<\/a> 4.59%, the <a href=\"https:\/\/stockchase.com\/company\/view\/169\/BNS-T\">Bank of Nova Scotia<\/a> -0.68%, <a href=\"https:\/\/stockchase.com\/company\/view\/3899\/GSY-T\">Goeasy<\/a> -9.37% and <a href=\"https:\/\/stockchase.com\/company\/view\/4745\/DOO-T\">BRP<\/a> -7.6%. Gold hit new highs at US$2,747 an ounce, while WTI crude rallied by 2.15% to US$72.10. The Bank of Canada will announce its next interest rate move tomorrow, which Bay Street widely expects to fall by 50 basis points.<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/7441\/SMCI-Q\">Super Micro Computer\u00a0(SMCI-Q)<\/a> -3.45%<\/p>\n\n\n\n<p>&#x1f50c; <a href=\"https:\/\/stockchase.com\/company\/view\/517\/GE-N\">General Electric\u00a0(GE-N)<\/a> -8.77%<\/p>\n\n\n\n<p>&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreen Boots Alliance\u00a0(WBA-Q)<\/a> -6.56%<\/p>\n\n\n\n<p>&#x267b; <a href=\"https:\/\/stockchase.com\/company\/view\/3953\/NSC-N\">Norfolk Southern\u00a0(NSC-N)<\/a> +4.94%<\/p>\n\n\n\n<p>&#x1f698; <a href=\"https:\/\/stockchase.com\/company\/view\/529\/GM-N\">General Motors Corporation\u00a0(GM-N)<\/a> +9.81%<\/p>\n\n\n\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6036\/TLRY-Q\">Tilray Inc.\u00a0(TLRY-Q)<\/a> +7.27%<\/p>\n\n\n\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada\u00a0(AC-T)<\/a> +4.59%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/169\/BNS-T\">Bank of Nova Scotia\u00a0(BNS-T)<\/a> -0.68%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/3899\/GSY-T\">goeasy\u00a0(GSY-T)<\/a> -9.37%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/4745\/DOO-T\">BRP INC.\u00a0(DOO-T)<\/a> -7.6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, the U.S. 10-year climbed to 4.2% while markets in New York and Toronto were flat in the middle of earnings season. The S&amp;P shed two points, the Dow lost six while the Nasdaq crept up by 0.18%. Major [&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-342354","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\/342354","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=342354"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342354\/revisions"}],"predecessor-version":[{"id":342358,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342354\/revisions\/342358"}],"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=342354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}