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Market Impact: 0.35
TSX Down Nearly 1%, Headed For Weak Close
Source: Nasdaq
Monetary PolicyTrade Policy & Supply Chain
Canadian markets weakened after initially trading marginally higher as Fed Chair Kevin Warsh’s hawkish tone at Jackson Hole signaled potential U.S. tightening later this year. The selloff risk is compounded by mention of tariffs, implying additional uncertainty for trade and corporate activity.
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Overall Sentiment
mildly negative
Sentiment Score
-0.25
Ticker Sentiment
CBSU-0.25
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