U.S. and Canadian stocks paused after a two-day rally, with tech shares lifting the Nasdaq while the S&P 500 ended flat. The Dow and Canada’s S&P/TSX Composite Index closed in negative territory. Fed Chair Powell reiterated the central bank’s stance on interest rates. Housing data showed a decline in new home sales. BlackBerry Ltd raised its revenue forecast, while Tesla and FedEx faced challenges. Micron Technology forecasted strong revenue.
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