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Stock impact report

Market Outlook: Oil surge sends TSX down 1,200 points in broad rout [BNN Bloomberg (Canada)]

Raymond James Financial, Inc. (RJF) 
Last raymond james financial, inc. earnings: 4/29 04:35 pm Check Earnings Report
US:NYSE Investor Relations: raymondjames.com/investor-relations
Company Research Source: BNN Bloomberg
BNN Bloomberg spoke with Michael Dehal, senior portfolio manager at Dehal Investment Partners at Raymond James Ltd., about rising recession risks, inflation pressures from higher energy costs and where investors may find opportunities amid the volatility. Key Takeaways The TSX Composite dropped more than 1,200 points amid a broad global selloff across equities, bonds and commodities. Oil prices surged on concerns about prolonged Middle East conflict and potential disruption through the Strait of Hormuz. Higher energy prices risk adding to inflation pressures and increasing recession concerns if the conflict drags on. Traditional defensive assets such as gold also declined, underscoring the breadth of the risk-off move. Investors may need to focus on diversification and companies with strong balance sheets and free cash flow during heightened volatility. Read the full transcript below: ROGER: As we were just talking about, the TSX composite saw a drop of more than 1,20 Show less Read more
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