Sonic Automotive Q2 Adj. EPS Tops Estimates, But Revenues Miss

Sonic Automotive Q4 Results Miss Estimates

Automotive retailer Sonic Automotive, Inc. (SAH) reported Wednesday net income for the fourth quarter of $38.7 million or $1.11 per share, compared to a net loss of $190.90 million or $5.22 per share in the prior-year quarter.

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Mild Upside Seen For Japan Stock Market

The Japan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had plunged nearly 2,200 points or 4.2 percent. The Nikkei 225 now rests just above the 50,840-point plateau and it may tick higher again on Wednesday.

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South Korea May Extend Winning Streak

The South Korea stock market has tracked higher in two straight sessions, advancing more than 150 points or 4 percent in that span. The KOSPI sits just above the 4,100-point plateau and it's tipped to open in the green again on Wednesday.

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China Loan Data On Tap For Wednesday

China will on Wednesday release October figures for new loans and money stock, highlighting a light day for Asia-Pacific economic activity.

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Swiss Market Ends On Buoyant Note Amid Hopes Of Striking Deal For Lower Tariffs

The Switzerland market closed on a strong note on Tuesday, gaining in strength consistently after opening modestly higher. Investors picked up stocks amid hopes Switzerland will strike a deal with the U.S. to lower tariffs.

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European Markets Close On Firm Note

European stocks closed on a positive note on Tuesday as the passage of a short-term funding bill late Monday raised the possibility of the longest government shutdown in U.S. history coming to an end soon.

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Bay Street May Open Higher Again

Canadian stocks may open higher on Tuesday, riding on firm commodity prices. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history, is likely to aid sentiment.

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UK Unemployment Rate Highest Since 2021

The UK unemployment rate increased to the highest since early 2021 in the third quarter, raising chances of an interest rate cut, official data revealed on Tuesday. The ILO jobless rate rose to 5.0 percent in the third quarter from 4.8 percent in the three months to August, the Office for National Statistics said. The rate was above economists' forecast of 4.9 percent.

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EURUSD	1.15825	GBPUSD	1.31485	AUDUSD	0.65302
USDJPY	154.145	USDCAD	1.40133	USDCHF	0.80057