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Wall Street Futures Tick Higher as 2026 Trading Begins

U.S. stock futures moved higher early Friday, signaling a confident start to the first trading session of 2026. The gains follow a strong multi‑year run for equities and come as investors look ahead to a new year of economic and corporate developments. Dow Jones Industrial Average futures edged up, S&P 500 futures posted a modest rise, and Nasdaq futures led the early advance with a stronger uptick. The move reflects continued enthusiasm for technology and growth‑oriented sectors, which helped drive markets through much of the previous year. Despite bouts of volatility in late 2025, major indexes closed the year with solid performance, supported by resilient consumer spending, easing inflation pressures, and expectations of a more accommodative monetary environment. As 2026 begins, traders are watching several themes: the timing and pace of potential interest‑rate cuts, the durability of tech‑sector leadership, and whether gains will broaden across more industries. Early future...
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U.S. Markets Tumble on Earnings, Bond Yields

U.S. stocks fell on Wednesday, October 25, 2023, as investors digested mixed earnings reports from Microsoft and Alphabet while Treasury yields pushed higher. The Dow Jones Industrial Average dropped 0.32% to 33,035.93 points, the S&P 500 index slid 1.43% to 4,186.77 points, and the Nasdaq composite index plunged 2.43% to 12,821.22 points.

Alphabet shares slid more than 9% after the Google parent beat on earnings and revenue but fell short in its cloud business. Microsoft shares rose 3% after its own double beat showed its bets on AI were paying off for its cloud segment. Other tech giants such as Amazon and Meta also declined ahead of their earnings reports.

The earnings season also coincided with a surge in bond yields, as the Bank of Canada and the U.S. Federal Reserve signaled their readiness to fight inflation by keeping interest rates high. The BoC held its key rate at 5.0%, but lowered its 2023 growth forecast to 1.2%. The Fed is expected to announce its tapering plans next week.

The higher yields weighed on rate-sensitive sectors such as technology and real estate, but boosted energy and financial stocks. The Canadian dollar traded for 79.23 cents US compared with 79.28 cents US on Tuesday.



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