Business

Average Tax Refund 29% Lower According to IRS

The average tax refund is 29% lower so far this year, according to the IRS. This news may cause concern for many taxpayers, but financial experts advise against panic just yet.

On February 8, 2024, Enbridge Inc. saw a decline in its stock, with shares dropping 0.32% to C$46.20. This decrease occurred within a broader downturn in the Canadian market, as the S&P/TSX Composite Index fell 0.24% to 20,919.64. Enbridge Inc. closed C$8.36 short of its 52-week high (C$54.56) that was reached on February 13th. The trading volume of 8.3 million shares surpassed its 50-day average volume of 6.4 million.

It’s important to note that this story was auto-generated by Automated Insights, a technology provider that utilizes data from Dow Jones and FactSet.

With the market fluctuating, it’s crucial for investors to stay informed and consider the implications of these developments on their portfolios. Stay tuned for more updates on the financial market.

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