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Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Hershey's share price fell by about 4%.Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.

Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.The presidents of Russia and Uzbekistan talked on the phone to discuss the regional situation. According to the news released by the Kremlin in Russia on December 11th, Russian President Vladimir Putin talked with Uzbek President Mirziyoev, and the two sides exchanged views on the Ukrainian issue, the situation in Syria and bilateral relations between the two countries. (CCTV News)Bank of Canada: Other federal and provincial policies will affect the dynamics of demand and inflation; The central bank will pay attention to potential trends. The decline in the level of immigration shows that the GDP growth in 2025 will be lower than the forecast of the central bank in October; Its impact on inflation will be more moderate.

Saudi Arabia won the right to host the 2034 World Cup, and the FIFA Council confirmed that the 2034 World Cup will be hosted by Saudi Arabia, which is the third time that Asia has hosted the World Cup. At the same time, Saudi Arabia is also the only bidding country for the 2034 World Cup. The Saudi Football Association announced its bid to host the 2034 World Cup on October 9, 2023. By the deadline of November 1, 2023, there was still only one bidding country in Saudi Arabia. This is the first time in nearly 60 years that FIFA has determined the right to host the World Cup without competitors. Saudi Arabia is also the fourth Asian country to host the World Cup after South Korea and Japan in 2002 and Qatar in 2022. This is the second time that the World Cup has entered West Asia.Market News: Alexander Brothers, a well-known real estate agent, was arrested by the FBI.Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.