Higher food prices coming?

The CEOs of three of Canada’s major grocery chains doubled down on their expectation that food prices will soon rise at their stores.

Recent cost pressures on the industry, including rising minimum wages in some provinces, increased fuel and transportation costs and an ongoing trade war with the U.S., will soon result in some price inflation, said the chief executives of Metro Inc., Loblaw Companies Ltd. and Empire Co. Tuesday at Scotiabank’s back-to-school conference in Toronto.

Big gains on TSX

Canada’s main stock market posted its largest daily gain in more than two months on Tuesday as trade optimism produced a relief rally.

There is anecdotal evidence from the United States and Canada that they are closer to some sort of deal even though there is no concrete evidence, said Sid Mokhtari with CIBC Capital Markets.

This hidden factor could soon make stocks much more volatile

Companies are about to enter their “blackout period,” where they are unable to repurchase their own shares

Trading in the U.S. stock market has been quiet of late, but the calm may not last for long.

Major U.S. companies are about to enter their “blackout” period, which will remove a steady—and perhaps underappreciated—factor that has been buttressing equity values.

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