Market Rebound: S&P, Dow, and Nasdaq Rally After Recent Decline; TSX Falls

The Beavis Wealth Podcast

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In this episode, we look into the market settling down following a few very rough days. The S&P 500, Dow, and Nasdaq show strong gains, driven by strong earnings reports from major companies like Kenvue and Uber. Meanwhile, Japan’s Nikkei 225 recovers. The TSX is down after being closed yesterday. Analysts remain cautious amid ongoing economic concerns.

Also in this episode:

🧑‍⚖️ A US federal judge rules that Google violated antitrust laws, potentially reshaping the tech landscape.

📉 The Bank of Canada is expected to cut interest rates sooner than expected, influenced by U.S. labor market data.

📈 Canadian insolvencies rise sharply in the second quarter, highlighting financial pressures on consumers and businesses.

🏡 The federal government introduces 30-year mortgages for first-time buyers, offering pros and cons for new homeowners.

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BMO ETFs: https://bmoetfs.com

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The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

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