The slightly tamer than expected U.S. inflation number released on Tuesday rippled across Asian markets overnight to push, for example, the Nikkei 1.3% and the Hang Seng 2.58% higher, then extended the rally in North America on Wednesday. The S&P added 20 points to 6,466, the Nasdaq 31 points to 21,713 and the TSX 72 points to 27,993, all record closes. Meanwhile, the Dow rose 1.04% to 44,922. <\/p>\n\n\n\n
Names like Lennar<\/a> jumped 5.2% on hopes the Fed will cut interest rates next month, which will boost sectors like homebuilding. Meanwhile, Cava Group<\/a> tanked 16.6% on an earnings miss and likewise Coreweave<\/a> crashed 20.8% on a weak quarter. Bitcoin<\/a> rallied 2.1% to US$122,665. Elsewhere, the U.S. 10-year yield slipped to 4,238%<\/p>\n\n\n\n Also making headlines was Gildan buying Hanes. Canada’s Gildan<\/a> saw its shares leapt 11.78% while Hanes<\/a> in the U.S. climbed 3.7%. Denison Mines<\/a> slid 6.4%, Metro<\/a> tumbled 7.03% though Boyd Group<\/a> advanced 10.87%. Hudbay Minerals<\/a> soared 14.81% upon receiving investment for an Arizona copper mine. In commodities, gold advanced US$8 to US$3,357 while WTI declined 0.7% to US$62.75. <\/p>\n\n\n\n 🏛 Lennar Corp. (LEN-N)<\/a> +5.2%<\/p>\n\n\n\n 🍽 CAVA Group (CAVA-N)<\/a> -16.6%<\/p>\n\n\n\n 💾 CoreWeave (CRWV-Q)<\/a> -20.8%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +2.1%<\/p>\n\n\n\n 👕 Gildan Activewear Inc. (GIL-T)<\/a> +11.78%<\/p>\n\n\n\n 🩲 Hanesbrands (HBI-N)<\/a> +3.7%<\/p>\n\n\n\n ⛏ Denison Mines Corp (DML-T)<\/a> -6.4%<\/p>\n\n\n\n 🍱 Metro Inc (A) (MRU-T)<\/a> -7.03%<\/p>\n\n\n\n 🛍 Boyd Group Services Inc. (BYD-T)<\/a> +10.87%<\/p>\n\n\n\n