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Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Data showed on Tuesday that U.S. labor costs rose by a more-than-expected 1.2% last quarter, indicating an uptick in wage pressures. A survey also found that U.S. consumer confidence worsened in April, dropping to its lowest level in more than 1-1/2 years.
Cognizant Q1 net up 37.6% to $505 million; expects to log 7-9% revenue growth in FY2021
The company, which follows January-December financial year, said its net profit was at USD 367 million in the March 2020 quarter.

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