Canada's main stock index edged lower on Friday, after data showed monthly domestic retail sales fell in November, while losses in miners and financial stocks weighed on the bourse. At 9:35 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 43.46 points, or 0.21%, at 20,297.98.
- Shares of U.S. grocers, packaged food companies and supermarkets were lagging in the first three weeks of 2023, in a sharp contrast to last year, as their high valuations and unattractive dividend appeal pushed investors to U.S. Treasuries.
-Shares of U.S. grocers, packaged food companies and supermarkets were lagging in the first three weeks of 2023, in a sharp contrast to last year, as their high valuations and fading dividend appeal pushed investors to U.S. Treasuries.
* Energy transition front and centre at Davos meeting. * Europe energy crisis forces moment of reckoning. * Climate activists sceptical of oil industry inclusion. By Maha El Dahan. A different type of energy transition has taken place at this year's World Economic Forum meeting.
* Futures: Nasdaq up 0.38%, S&P up 0.11%, Dow flat. Nasdaq futures rose on Friday, after Netflix (NFLX) kicked off the earnings season for the growth sector on a positive note, but worries about a U.S. recession kept a lid on sentiment.
Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country's flagging retail sector.
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