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Tech Giants Lift Markets as Investors Brace for Fed Decision

Both the S&P 500 and the Nasdaq hit their highest levels in more than a week on Monday. Wall Street finished the day on a strong note, with major U.S. indexes advancing as investors positioned themselves for a pivotal week of corporate earnings and a closely watched Federal Reserve meeting. Market Momentum The S&P 500 and Nasdaq extended their recent winning streak, marking their longest run of gains in weeks. Confidence was fueled largely by heavyweight technology stocks, which continued to attract buyers ahead of their upcoming earnings reports. What’s Driving the Optimism Companies such as Apple, Microsoft, Alphabet, Broadcom, and Meta helped propel the market higher. Their performance has been central to the broader rally, especially as enthusiasm around artificial intelligence remains a dominant theme in tech valuations. Eyes on Earnings and the Fed Investors are now turning their attention to earnings guidance from these major firms, which could determine whether t...

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The Holiday Job Market Blues: A Seasonal Slump

 

The holiday season is upon us, but the job market is not as jolly as it used to be. According to a report by Indeed, Canadian postings for seasonal holiday jobs are down 30% from last year, amid a softening economy and cooling labour market1. The slowdown in holiday job openings is likely related to industry-specific trends like e-commerce and remote work.

This year’s holiday job market is hitting the skids, and it’s not looking good for job seekers. With fewer job openings, it’s becoming increasingly difficult to find seasonal work. However, job seekers are still searching for holiday work, which suggests that it may be easier for employers to find seasonal work this year.

In light of these developments, it’s important to stay positive and keep your options open. Consider exploring alternative job opportunities that align with your interests and skills. You never know, you might find something that you enjoy more than seasonal work.


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