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MARKETS LIVE BLOG:

STOCKS TRADE MIXED AFTER S&P 500'S RECORD CLOSE

Treasury yields drop, rate-cut hopes rise on weak economic data

PRESS DIGEST-Canada - Nov 4

Reuters
·1 min read

Nov 4 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

**U.S. hardware giant Lowe's Company Inc has struck a deal to sell about 450 stores in Canada to Sycamore Partners for $400 million after a six-year run, the company said on Thursday after markets closed.

** Ontario education workers' initial wage demand, an 11.7-per-cent hike in hourly salaries annually was an ambitious ask, say labour-relations experts, but expected given inflationary conditions and how little this specific group of workers have seen their wages increase over the past decade.

** The federal government on Thursday announced two clean energy tax credits, a 30-per-cent refundable tax credit for capital investments in low-carbon energy generation and technology which is expected to cost $6.7 billion over the next five years. (Compiled by Bengaluru newsroom)