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0.000265823906430079 0.000383967864843298 0.000679327760876682 0.000679327760876682 0.00053164781285999 0.00124051156333998 0.000236287916826774 -0.00218566323064657
Stock impact report

Stock markets ‘lack direction’ edging lower Monday ahead of U.S. economic data [Investment Executive - News]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Stock markets in Canada and the U.S. moved lower Monday on a quiet trading day where economic data came into focus. “I just think the market right now is really lacking a direction, lacking a catalyst,” said Allan Small, senior investment adviser at iA Private Wealth. “I don’t really see much of a catalyst other than seasonality.” He noted that markets may see some positive momentum into the end of the year, but he doesn’t expect any large swings between now and Dec. 31. “I’m not really counting on much of a Santa Claus rally,” Small said. Canadian investors sifted through the latest data from Statistics Canada on Monday, which showed annual inflation rose 2.2% in November, unchanged from the previous month and a tick below economists’ expectations. While Small didn’t think the data had much of an impact on Canada’s stock market, he said the Bank of Canada missed an opportunity to lower borrowing costs at its latest meeting last week, where the central bank kept its policy rate a Show less Read more
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