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Breaking News: Latest Information That Impacts the Stock Market
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U.S. crude oil extends losses, falls below $73 per barrel on OPEC+ increasing supply
U.S. crude oil has erased most gains for the year and is now up just under 2% in 2024. In…
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Oil alliance OPEC+ extends collective crude production cuts into 2025
The influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, on Sunday agreed to extend…
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Canada’s economy grew at weaker-than-expected pace in Q1, raising odds of June BoC cut
Canada’s economy grew at a slower pace in the first quarter of the year than economists and the Bank of…
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Calendar: June 3 – June 7
Monday June 3 China PMI Japan manufacturing PMI and capital spending (9:30 a.m. ET) Canada’s S&P manufacturing PMI for May.…
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May 31, 2024: Oil Futures Settle Lower On Demand Concerns
Oil prices fell on Friday, extending losses to a third straight day, amid concerns about the outlook for demand. Expectations…
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CWB Financial Group raises dividend as second-quarter profit up from year ago
CWB Financial Group CWB-T +1.38%increase raised its quarterly dividend to 35 cents per common share, up one cent from its previous quarter, as…
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U.S. economic growth revised lower for first quarter; unemployment claims edge up
The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending, the…
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RBC profit beats analyst estimates as it absorbs HSBC Canada
Royal Bank of CanadaRY-T +3.01%increase reported higher second-quarter profit that beat analysts’ estimates on a boost from its capital markets business as…
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CIBC earnings beat estimates, building on earlier momentum
Canadian Imperial Bank of CommerceCM-T +3.28%increase reported second quarter earnings that beat analyst estimates, helping the lender build on the positive momentum…