The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.Yu Jianhua, director of the General Administration of Customs, died of illness. On December 10, 2024, Comrade Yu Jianhua, secretary of the Party Committee and director of the General Administration of Customs of the Communist Party of China, died unfortunately at the age of 63. (Issued by the Customs)Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.
Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.Broadcom's share price rose 4.3% before the market closed.Yizi International's share price rose 3.8% at the opening, while Hershey's share price fell 5%.
The US EIA crude oil inventory decreased by 1.425 million barrels last week, and the US EIA crude oil inventory decreased by 1.425 million barrels last week, which is expected to decrease by 901,000 barrels and the previous value decreased by 5.073 million barrels. Last week, the US EIA crude oil inventories in Cushing, Oklahoma decreased by 1.298 million barrels, and the previous value increased by 50,000 barrels.Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.The S&P 500 index opened up 0.5%, while the Nasdaq 100 index rose 0.9%.