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Alberta Separation Referendum Shakes Canadian Politics

  Alberta — the oil-rich western province now at the heart of a historic political showdown.  Canada is facing one of its most significant constitutional crossroads in decades. The Alberta separation movement, long dismissed by many as fringe politics, has reached a formal milestone that is now forcing the entire country — and every Canadian's wallet — to pay close attention. 🗳️ The Signatures Are In — And They Exceeded the Target On May 4, 2026, the separatist group Stay Free Alberta delivered nearly 302,000 signed petitions to Elections Alberta in Edmonton — well above the 178,000 required to trigger a provincial referendum. Supporters carrying boxes of signatures were met with cheers from over 300 flag-waving Albertans gathered outside. The group's leader, Mitch Sylvestre, described the submission as a democratic mandate that the provincial government must respect. The petition asks Albertans: "Do you agree that the Province of Alberta shall become a sovereign countr...
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Stock Futures Point to Continued Record-Setting Run on Wall Street

                                        

In a bullish start to the day, US stock futures are indicating a higher open as Wall Street aims to extend its record-setting run. Here are the key points:

  1. Futures on the S&P 500 (symbol: ^GSPC) have risen nearly 0.4%.
  2. Dow Jones Industrial Average futures (symbol: ^DJI) are up by about 0.2%.
  3. Nasdaq Composite futures (symbol: ^IXIC) lead the way, rising approximately 0.5%.

Despite a brief pause in the rally on Monday, where all three major indexes dipped slightly, the overall mood remains bullish. Notably, Oppenheimer Asset Management strategist John Stoltzfus has raised his 2024 S&P 500 price target to a Street-high 5,500.

Economic data is in focus today, with readings on durable goods orders and US consumer confidence due. Additionally, the Case-Shiller home price index will be released. However, the main event awaits us on Friday when the government will publish the Personal Consumption Expenditures Price Index (core PCE growth)—the Federal Reserve’s preferred gauge of inflation pace.

In company news, Trump Media & Technology Group Corp. (symbol: DJT) is making its Wall Street debut after merging with Digital World Acquisition Corp. Shares of Trump Media & Technology Group Corp. have surged as much as 20% in premarket trading.

Stay tuned for more market updates as the week unfolds.

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