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Canadian Market Remains Weak In Lackluster Trade
The Canadian market is down in negative territory Wednesday afternoon, weighed down by losses in industrials, financials and consumer staples sectors.
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Swiss Market Ends Marginally Higher After Lackluster Session
The Switzerland market ended marginally up on Wednesday after a choppy session, as investors largely refrained from making significant moves ahead of the central bank's policy announcement on Thursday.
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European Stocks Close Broadly Lower Ahead Of ECB, SNB Policy Announcements
European stocks closed broadly lower on Wednesday with investors continuing to follow the developments on the political front in Europe, and looking for fresh triggers from elsewhere.
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U.S. Dollar Broadly Lower As Rate Cut Bets Firm
The U.S. dollar traded lower against its most major counterparts in the New York session on Wednesday, as Tuesday's soft retail sales data boosted expectations for a rate cut in September.
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U.S. Homebuilder Confidence Unexpectedly Dips To Six-Month Low In June
A report released by the National Association of Home Builders on Wednesday unexpectedly showed a continued deterioration in U.S. homebuilder confidence in the month of June. The report said the NAHB/Wells Fargo Housing Market Index fell to 43 in June after slumping to 45 in May, while economists had expected the index to come in unchanged.
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Nvidia Overtakes Microsoft As World's Most Valuable Company
Chipmaker Nvidia Corp. has become the world's most valuable company, overtaking tech major Microsoft Corp., on the strength of surging demand for artificial intelligence or AI chips worldwide. The company now has a market cap of $3.335 trillion, compared to Microsoft's $3.317 trillion.
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Bay Street Seen Opening On Subdued Note
Canadian stocks look headed for a subdued start Wednesday morning with investors looking for directional clues. Activity is likely to remain stock specific.
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more news
Amazon Fined $5.9 Mln By California For Labor Law Violations
California's Labor Commissioner has fined Amazon.com Services, LLC $5.902 million citing that the e-commerce giant failed to meet requirements of the Warehouse Quotas law at its warehouses in two counties. The Warehouse Quotas law, which was enacted in 2021 as Assembly Bill 701 and went into effect on January 1, 2022, protects the state's workers, and prevents work quotas that are kept secret...
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Sensex, Nifty End Choppy Session Narrowly Mixed; Private Banks Surge
Indian shares swung between gains and losses before ending on a flat note Wednesday as investors reacted to hawkish Fed comments and escalating geopolitical tensions in Europe and the Middle East.
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European Shares Inch Lower Ahead Of BoE Meeting
European stocks drifted lower on Wednesday as investors watched the latest political developments in the country and reacted to hawkish Fed comments.
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FTSE 100 Slides After Inflation Data
U.K. stocks fell slightly on Wednesday while sterling rose against the euro and the dollar after data showed a further slowdown in U.K. inflation ahead of the general election.
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CAC 40 Dips As Investors Weigh Political Risk
French stocks traded slightly lower on Wednesday as investors watched the latest political developments in the country.
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DAX Slips In Lackluster Trade
German stocks slipped into the red on Wednesday after several Federal Reserve officials urged patience on interest-rate cuts.
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