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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...
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Divestment Movement Gains Momentum at McGill University

 

In recent developments, McGill University has become a focal point for a growing divestment campaign. Here’s a brief overview of the situation:

  • Protest Origins: The movement is spearheaded by pro-Palestinian activists, who have established protest camps on campus, mirroring similar actions on U.S. university grounds.
  • Demands for Change: Protesters are urging McGill to divest from companies they allege are complicit in “Israeli genocide and apartheid,” targeting firms like Lockheed Martin and BAE Systems.
  • University’s Stance: McGill maintains that it does not directly invest in individual stocks and relies on fund managers who adhere to environmental, social, and governance principles.
  • Wider Implications: The demands reflect a broader trend of student activism, calling for ethical investment practices and greater corporate accountability.

The divestment movement at McGill University is part of a larger, global conversation about the ethical responsibilities of educational institutions in their financial dealings.

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