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Stan in Reuters

TSX edges lower as U.S. earnings dent sentiment

October 11, 2016

“Investors in Canada are digesting more than just their Thanksgiving weekend meals today, they are also taking in the start of U.S. third quarter earnings season,” said Stan Wong, director of wealth management at ScotiaMcLeod.

“North American equity market valuations are still feeling full … for a meaningful move higher in equity markets we need accelerated global growth and a stronger earnings recovery,” Wong said.

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