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Millennium Loses $900 Million on Strategy Roiled by Market Chaos

(Bloomberg) -- Millennium Management lost about $900 million so far this year from two teams focused on index rebalancing, a strategy recently upended by global stock market volatility, according to people familiar with the matter.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Where New York City's Zoning Reform Will Add HousingHow

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Canada Markets Airports to Investors in Push to Attract Capital

(Bloomberg) -- Canada encouraged private investors to help “speed up” the development of its airports in an attempt to show that the tightly controlled sector is open for business amid a push to boost domestic investment.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Where New York City's Zoning Reform Will Add HousingHow Upzoning i

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Analysis-US jobs data calms market fears, but jitters on policy uncertainty dominate

A solid U.S. jobs report assuaged some swirling concerns about a rapid growth slowdown, but with policy uncertainty surging and tariff headlines keeping the outlook for risk assets murky, Wall Street sees little to cheer. U.S. job growth in February was just shy of estimates and the unemployment rate edged up to 4.1%, but investors were bracing for a more dour outcome after a recent spate of worrisome data. After a punishing selloff in stocks this week, however, markets remained consumed by uncertainty over trade policy and deep federal government spending cuts that could erode the labor market's resilience in the months ahead.

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