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Market Impact: 0.35

Bay Street Likely To Open Weak Amid Inflation, Middle East Tensions

Source: Nasdaq

InflationGeopolitics & WarEnergy Markets & PricesInvestor Sentiment & Positioning

Canadian equities are indicated to open weaker Wednesday as escalating Middle East tensions heighten inflation concerns. Energy stocks may outperform on sharply higher crude oil prices, partially offsetting broader risk-off sentiment.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

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