TSX declines as sentiment turns risk-off; National Bank and RBC earnings beat By Investing.com

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© Reuters.

Investing.com — Canada’s main stock index, the S&P/TSX Composite index, tracked Wall Street’s main indices lower today as sentiment turned risk-off following the second revision of U.S. fourth-quarter .

The second estimate released by the Bureau of Economic Analysis showed that the U.S. economy grew at an annual rate of 3.2% in Q4 2023. The data indicates continued strength in the U.S. economy, and reinforces the implication that the Fed will not need to rush to

Markets now await the release of the U.S. , the Federal Reserve’s preferred measure of inflation, and Canadian , both due Thursday.

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Royal Bank of Canada (TSX:) reported a better-than-expected…

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