Market remains resilient, not overly extended: Citigroup

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Despite the uncertainty of what lies ahead for the Federal Reserve after pausing interest rates, the market has not overreacted to the news. Yahoo Finance's Seana Smith and Brad Smith break down comments from Citigroup Strategist Chris Montagu about the extended selloff in markets this morning. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Building up a nest egg can be terribly challenging in a society where the majority is forced to live paycheck to paycheck. But we all need to save for emergency expenses, as well as for our...TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange : TC Energy Corp. . Energy. Unchanged, at $49.06 on 26.1 million shares. Canopy Growth Corp. . Healthcare. Up 15 cents, or 13.27 per cent, to $1.28 on 16.9 million shares.

The United Kingdom's Competition and Markets Authority provided provisional approval on Monday for Microsoft 's restructured acquisition of game developer Activision Blizzard . The announcement was well-received by the UK's merger and acquisition sector, following previous approvals from the U.S. and E.U. The $68.

 

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These could be the biggest headwinds for consumer stocksWriting in a strategist note, Morgan Stanley CIO Mike Wilson believes a multitude of factors, including 'slowing consumer spend' and student loan repayments, are presenting risks for consumer-facing stocks. This leads Wilson's team to advise investors to avoid early cycle winners. Yahoo Finance's Seana Smith and Brad Smith analyze how consumer discretionary stocks could be expected to react to these forecasts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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