The MSCI World Index is up some three per cent this week, and there's some breadth to the rally. If we break things down geographically – the S&P 500 is coming off its sixth straight winning session, the longest run of gains since November 2021, while the rate-sensitive Nasdaq Composite is up about four per cent on the week after the U.S. Federal Reserve hit the pause button on hikes.
Rona is cutting about 500 jobs in a move the home improvement retailer says better aligns its structure with slowing economic conditions.
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