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Wall Street Eyes Weekly Gain as Peace Hopes Lift Futures

  Wall Street Poised for Weekly Gain as Futures Climb on Middle East Peace Hopes Wall Street looked set to close the week on a positive note as U.S. equity futures climbed Friday, supported by renewed optimism that diplomatic progress in the Middle East could ease geopolitical tensions. Investors have been highly sensitive to any signs of de‑escalation, and this week’s developments helped unwind some of the risk premiums that had weighed on global markets. Oil prices, which surged earlier in the month on fears of supply disruptions, pulled back again as ceasefire discussions gained traction. Lower energy costs have helped cool inflation expectations, giving markets a bit more breathing room after a volatile stretch. Major U.S. indexes are now on track for a weekly gain, with tech and consumer stocks leading the rebound. Still, analysts caution that sentiment remains fragile: any setback in negotiations could quickly revive market turbulence. For Canadian investors, easing oil v...

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Have Trump Prosecutors Made Their Case at Hush-Money Trial

As the final witness testifies, legal experts assess the evidence so far and chances of a conviction.

The trial centers on a reimbursement Mr. Trump made to his former personal lawyer and “fixer,” Michael Cohen. Cohen, 57, claims he was directed to pay Ms. Daniels $130,000 (£104,000) in exchange for her silence about her alleged affair with Mr. Trump. Prosecutors have described this as an attempt to “unlawfully influence” the 2016 election. Though Mr. Trump’s case centers on a reimbursement he made to Cohen, his former fixer, prosecutors spent the first weeks of the trial walking the court through what led up to the $130,000 hush-money payment Cohen made to adult-film star Stormy Daniels.

The trial has garnered significant attention, and the verdict hinges on a single piece of evidence known as People’s Exhibit 35. Legal experts are closely watching to see how this crucial evidence will impact the outcome of the case. Testimony in the hush-money trial of Donald Trump is set to conclude in the coming days, putting the landmark case on track for jury deliberations that will determine whether it ends in a mistrial, an acquittal, or the first-ever felony conviction of a former American president. Stay tuned for further developments as the trial unfolds! 

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