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Investors are bargain hunting in Canadian telecommunication stocks after rising government-bond yields and competition from SpaceX sparked steep declines in the group.
Traders awaited the European Central Bank’s next move and earnings results from Amazon and Intel after Alphabet’s shares were hit by concerns over AI spending.
Traders awaited the European Central Bank’s next move and earnings results from Amazon and Intel after Alphabet’s shares were hit by concerns over AI spending.
The seemingly at-odds data and consensus policy response are essentially a geography problem: The key source of the FOMC's inflation headache lies in the Middle East.
