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U.S. Threatens Harsher Economic Pressure on Iran as Mediators Rush to Secure Second Ceasefire Talks

  A woman walks past a digital screen displaying news of US-Iran peace talks along a road in Islamabad on April 10, 2026 The United States has warned it will step up economic pressure on Iran while mediators race to arrange a second round of ceasefire talks before the fragile truce expires on April 22, 2026 — a standoff that risks higher oil prices, tighter global markets, and direct costs for Canadian households and investors.   Background and diplomatic timeline A two‑week ceasefire that paused nearly seven weeks of fighting was brokered to create a narrow diplomatic window for talks between Washington and Tehran. The first round of face‑to‑face negotiations in Islamabad lasted more than 20 hours but ended without an agreement, leaving the truce set to expire on April 22, 2026 unless mediators secure a follow‑up session.  Mediators led by Pakistan, with active roles from Turkey, Egypt and other regional actors, have been shuttling between capitals to bridge the remaini...
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Wall Street Celebrates Record Highs for Stocks as Two of the Three Major Indexes Hit New Peaks


Wall Street Celebrates Record Highs for Stocks as Two of the Three Major Indexes Hit New Peaks

Wall Street is celebrating as two of the three major indexes hit new peaks. The S&P 500 climbed 1.2% to a record high of 4,839, eclipsing its previous peak of 4,796, set more than two years ago on January 3, 2022. Meanwhile, the Dow Jones Industrial Average rose 1.1% to end the week at 37,863. The tech-heavy Nasdaq Composite had to settle for a 1.9% jump to a two-year high of 15,310.

The stock market has returned to form in recent weeks, capping multiple record highs. With inflation cooling, investors are anticipating the Federal Reserve will be able to end its interest rate hiking campaign sooner rather than later, creating a more friendly environment for corporations. Rob Swanke, senior equity strategist for Commonwealth Financial Network, explained that stock market valuations have been rising in recent months as investors factor in the prospect of lower borrowing costs and improved earnings expectations. He also argued that “there’s still room to move higher,” given that valuations are below their 2022 levels.


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