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S&P/TSX composite edges higher Monday, U.S. stocks mixed as Nasdaq falls

  • Canada's main stock index, the S&P/TSX composite, rose slightly by 4.23 points to 25,151.26 on gains in the telecom sector, according to The Canadian Press.
  • In the U.S., the Nasdaq composite dropped 1.2 percent, impacted by a loss for Nvidia ahead of its earnings report, as reported by The Canadian Press.
  • Duench stated that recent economic data has been stronger than expected but is complicated by looming U.S. Tariffs, which will be a significant concern as a month-long pause ends on March 4.
  • Investor focus will be on upcoming earnings reports from Canada's major banks starting February 25, 2025, according to Duench.
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The Hamilton Spectator broke the news in Hamilton, Canada on Monday, February 24, 2025.
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