January’s CPI print south of the border came in at 3.0%, higher than the expected 2.9% and fanning fears that the U.S. Fed will hold interest rates for longer. Though losses eased by the close of the session, the S&P still lost 0.27%, the Dow sank 0.5% and the Nasdaq climbed only 6 points. <\/p>\n\n\n\n
While Trump’s tariffs continue to shadow the market, earnings sparked rallies for stocks such as CVS<\/a>, which soared 14.95% on a blowout quarter. Meanwhile, Generac<\/a> rallied 7.56%, Intel<\/a> 7.2% as Westinghouse<\/a> closed -9.06% and Arista Networks<\/a> -6.16%. The inflation print pushed the U.S. 10-year yield up to 4.625% while Bitcoin<\/a> added 1.2% to US$97,545.<\/p>\n\n\n\n In Toronto, the TSX shed 27 points or 0.11% as sectors were mixed. Materials and telcos outperformed while energy and discretionary lagged the most. Major movers: BlackBerry<\/a> 10.49%, Barrick Gold<\/a> 6.35%, CNQ<\/a> -2.9%%, Baytex<\/a> -4.34% and Intact Financial<\/a> 5.08%. Stockpiles were reported lower than expected, pushing WTI down US$2 a barrel to US$2,902. However, gold climbed US$5 to maintain record levels at US$2,902.<\/p>\n\n\n\n 👨⚕️ CVS Health Corp\u00a0(CVS-N)<\/a> +14.95%<\/p>\n\n\n\n 🧬 Generac\u00a0(GNRC-N)<\/a> +7.56%<\/p>\n\n\n\n 💾 Intel\u00a0(INTC-Q)<\/a> +7.2%<\/p>\n\n\n\n ⚙ Westinghouse Air Brake Technologies Corporation\u00a0(WAB-N)<\/a> -9.06%<\/p>\n\n\n\n 🧬 Arista Networks, Inc.\u00a0(ANET-N)<\/a> -6.16%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +1.2%<\/p>\n\n\n\n 📱 BlackBerry\u00a0(BB-T)<\/a> +10.49%<\/p>\n\n\n\n 🥇 Barrick Gold\u00a0(ABX-T)<\/a> +6.35%<\/p>\n\n\n\n 🛢 Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -2.9%<\/p>\n\n\n\n