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Materials, Financials Stocks Lift Canadian Market; TSX Up Nearly 1%
The Canadian market is up firmly in positive territory Tuesday morning, lifted by strong gains in materials and financials stocks. The undertone is quite firm amid slightly easing concerns about inflation after crude oil prices fell from multi-year highs.
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185 days ago
U.S. Existing Home Sales Unexpectedly Rebound In February
A report released by the National Association of Realtors on Tuesday unexpectedly showed a notable rebound by existing home sales in the U.S. in the month of February. NAR said existing home sales jumped by 1.7 percent to an annual rate of 4.09 million in February after plunging by 5.9 percent to an upwardly revised rate of 4.02 million in January.
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185 days ago
Bay Street Likely To Open On Mixed Note
It's likely to be a mixed start for Canadian stocks on Tuesday with investors tracking commodity prices and continuing to weigh the near to medium term impact of the ongoing tensions in the Middle East due to the U.S.-Israeli war on Iran.
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186 days ago
FTSE 100 Up Nearly 1.5% As Stocks Snap 3-day Losing Streak
The UK stock market remains high up in positive territory on Tuesday, recovering from three successive days of losses, with a sharp drop in oil prices help easing concerns about inflation and prompting investors to indulge in some brisk buying.
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186 days ago
CAC 40 Up Sharply As Oil's Fall, Trump's Comments Lift Sentiment
France's equity benchmark CAC 40 is high up in positive territory on Tuesday, lifted by a fall in oil prices, and U.S. President Donald Trump's remarks that the war in the Middle East could come to a quick end.
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186 days ago
German Exports Fall More Than Forecast
Germany's exports declined more than expected and imports posted a sharper contraction in January, data from Destatis showed Tuesday. Exports declined 2.3 percent on a monthly basis, in contrast to the 3.9 percent increase in December. Shipments were expected to fall 2.0 percent. This was the biggest fall since May 2024.
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186 days ago
Indian Shares Rebound As Oil Fears Ebb
Indian shares rebounded from recent string of losses on Tuesday amid hopes of an easing of tensions in the U.S.-Iran conflict.
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186 days ago
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DAX Rises 2.3% As Oil Prices Fall Sharply
Despite the ongoing tensions in the Gulf, German stocks are up firmly on Tuesday as bond yields dropped, and oil prices tumbled after U.S. President Donald Trump said the war in the Middle East could come to a quick end.
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186 days ago
Volkswagen Shares Gain On Positive FY26 Outlook, Despite Weak Q4
Shares of Volkswagen AG were gaining around 4 percent in the morning trade in Germany after the auto major issued fiscal 2026 outlook expecting growth in operating margin and sales, despite reporting sharply lower profit in its fourth quarter with weak vehicle production and sales. Further, the firm trimmed its annual dividend.
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186 days ago
European Shares Rebound On Trump's Comments
European stocks bounced back on Tuesday after ending lower for three consecutive sessions on concerns that a deepening conflict in the Middle East could fuel inflation and dent economic growth.
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186 days ago
Australian Dollar Rises After China Trade Surplus Data
The Australian dollar strengthened against other major currencies in the European session on Tuesday, as China's trade surplus increased more than anticipated at the start of 2026, due to a significant rise in exports.
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186 days ago
Asian Shares Rebound As Oil Prices Retreat On Trump Remarks
Asian stocks rallied on Tuesday as concerns over the U.S.-Iran conflict eased following comments by U.S. President Donald Trump that the war was "very complete".
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186 days ago
Hugo Boss Q4 Profit Climbs, Backs Cautious FY26 View, Cuts Dividend; Plans EUR 200 Mln Buyback
Hugo Boss AG, a German luxury fashion company, reported Tuesday higher profit in its fourth quarter with increased sales. Looking ahead, the firm maintained its cautious outlook for fiscal 2026, and trimmed dividend. Further, HUGO BOSS announced share buyback of up to 200 million euros until year end 2027.
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186 days ago
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