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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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Overall Sentiment
mildly negative
Sentiment Score
-0.30
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