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Swiss Market Ends On Firm Note
The Swiss market, which recovered after a weak start on Tuesday, stayed sluggish and moved along the flat line till well past noon, but gained in strength in the closing hour to end the day's session on a firm note.
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European Stocks Close Higher Again On Easing Tariff Concerns
European stocks closed higher on Tuesday, extending recent gains, as investors indulged in some strong buying after U.S. President Donald Trump signaled temporary exemption of tariffs on auto and auto parts imports.
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Canadian Market Rises As Inflation Data, Auto Tariff Exemption Report Aid Sentiment
The Canadian market is up firmly in positive territory on Tuesday with investors picking up stocks, reacting to U.S. President Donald Trump signaling temporary exemptions from the 25% tariffs on auto and auto parts exported from Canada, Mexico and other countries to the U.S.
Data showing a drop in Canada's consumer price inflation is also aiding sentiment.
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New York Manufacturing Index Rebounds But Still Indicates Contraction In April
New York manufacturing activity has declined modestly in the month of April, the Federal Reserve Bank of New York revealed in a report released on Tuesday. The New York Fed said its general business conditions index jumped to a negative 8.1 in April after plunging to a negative 20.0 in March, although a negative reading still indicates contraction.
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U.S. Import Prices Edge Slightly Lower In March
Import prices in the U.S. edged slightly lower in the month of March, according to a report released by the Labor Department on Tuesday. The Labor Department said import prices slipped by 0.1 percent in March after rising by a downwardly revised 0.2 percent in February. Economists had expected import prices to come in unchanged.
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Kraft Heinz Unveils First-ever Plant-based Chocolate Pudding
Kraft Heinz Co. announced its entry into plant-based desserts and oat milk-based offering, with the launch of JELL-O Oat Milk Chocolate Pudding. The first-ever plant-based chocolate pudding is now available in convenient 4-packs at major retailers across the United States.
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Google Gets Cease And Desist Order In Japan
Google LLC, affiliated to Alphabet Inc., has received a Cease and Desist Order from Japan's competition Commission for its anticompetitive practices. The Japan Fair Trade Commission or JFTC issued such an order for the first time against any of the major U.S. technology companies.
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New York Manufacturing Index Rebounds More Than Expected In April
New York manufacturing activity has declined modestly in the month of April, the Federal Reserve Bank of New York revealed in a report released on Tuesday.
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U.S. Import Prices Edge Down 0.1% In March
Import prices in the U.S. edged slightly lower in the month of March, according to a report released by the Labor Department on Tuesday.
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Bay Street Likely To Open With Slightly Positive Bias; Inflation Data In Focus
Canadian stocks may open with a slightly positive bias on Tuesday amid optimism about potential exemptions from tariffs for auto and auto parts exports from Canada, Mexico and other countries to the U.S.
The focus will be on Canadian inflation data.
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FTSE 100 Up Firmly In Positive Territory
UK stocks are up in positive territory on Tuesday, lifted by optimism about exemptions on auto tariffs by the U.S. President Donald Trump, who said he is considering temporarily exempting the levies on auto and auto components imports.
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CAC 40 Modestly Higher; LVMH Plunges As Sales Drop
After a flat start and a subsequent drop, French stocks are finding some support on Tuesday, although the mood remains cautious after luxury goods maker LVMH reported a decline in earnings.
U.S. President Donald Trump's remarks signaling a likely exemption on auto-related tariffs supports sentiment.
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Pound Rises On Upbeat U.K. Employment Data
The British pound strengthened against other major currencies in the European session on Tuesday, following the release of the upbeat U.K. labor market data for the three months ending February.
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