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Unbeatable Boxing Day Deals in Canada 2024: Shop the Best Sales from Top Retailers!

Boxing Day 2024 is here, and it's time to shop the year's best deals across Canada!  From tech gadgets to winter apparel, major retailers like Amazon, Best Buy, Walmart, and more are offering incredible discounts. Whether you missed out on a Christmas gift or need to stock up on essentials, this is your chance to score big savings. Amazon Canada is leading the charge with discounts of over 70% on a wide range of products, including must-have tech, personal care essentials, and small kitchen appliances. Best Buy Canada is also offering substantial savings on smartwatches, 4K TVs, laptops, and more. Walmart Canada has deals on top brands like PlayStation, Apple, and LG, with savings up to 60%. For fashion enthusiasts, adidas is offering up to 60% off on sneakers and apparel, while Abercrombie & Fitch** has up to 30% off select styles.  Coach Outlet is providing up to 70% off on must-have bags and wallets. Don't miss out on these amazing deals! Start your new year off on t...
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Stock Market Update: Earnings Season Sparks Volatility

 

As the trading week kicks off, US stock futures are on a slippery slope, with investors closely monitoring corporate earnings reports. Here’s a snapshot of what’s happening in the financial world:

1. Earnings in Focus

Investors are keeping a keen eye on earnings announcements from major US retailers. Walmart and Home Depot are stepping into the spotlight. Walmart, often considered a bellwether for consumer spending, will provide valuable insights into the health of the US economy. Meanwhile, Home Depot’s results hint at consumer demand amid persistent inflation concerns. The recent data has challenged the notion of a smooth economic recovery, leading to cautious optimism.

2. Nvidia’s Turning Point

Wednesday’s earnings report from Nvidia, a tech giant specializing in AI-focused chips, looms large. As one of the market’s megacap stocks, Nvidia’s performance could sway overall sentiment. Investors are hoping for positive news, but any shortfall might trigger broader stock market pullbacks.

3. Discover Financial Services Acquisition

Discover Financial Services shares surged nearly 13% in premarket trading after news broke that Warren Buffett-backed Capital One plans to acquire the credit card issuer in a $35 billion deal. If successful, this merger would create the sixth-largest US bank by assets.

4. China’s Property Crisis and Rate Cuts

China’s central bank made a record cut to its key mortgage rate in an effort to address a worsening property crisis. The move adds to the muted mood in global markets.

Market Indices

  • Dow Jones Industrial Average (DJIA): 38,627.99 (-0.37%)
  • S&P 500 (S&P): 5,005.57 (-0.48%)
  • NASDAQ Composite (NASDAQ): 15,775.65 (-0.82%)


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