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Honoring Sacrifice: Canada Observes Remembrance Day

Gen. Jennie Carignan, Chief of the Defence Staff, places a wreath during the Remembrance Day ceremony at the National War Memorial in Ottawa, on Monday, Nov. 11, 2024.  Across Canada, solemn ceremonies marked Remembrance Day as veterans, dignitaries, and citizens gathered to pay tribute to those who served and sacrificed in times of war and peace. From Ottawa’s National War Memorial to local cenotaphs in towns and cities, the nation paused at the eleventh hour to observe two minutes of silence. Wreaths were laid, prayers offered, and the haunting notes of the “Last Post” echoed across memorial sites. Veterans stood proudly alongside younger generations, symbolizing the enduring legacy of service and remembrance. Political leaders and community representatives emphasized the importance of honoring the fallen while supporting those who continue to serve today. The ceremonies served not only as a reflection on Canada’s military history but also as a reminder of the values of freedo...

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US Futures Rise After CPI Data, Fed Signals

 

Investors are closely watching the stock market today as US futures tiptoe higher following the release of the latest Consumer Price Index (CPI) data. The Federal Reserve’s looming decision on interest rates adds to the anticipation.

Key Points:

  • CPI Snapshot: Economists expect the month-over-month Core CPI to have risen, providing insight into inflation trends.
  • Fed’s Stance: Federal Reserve Chair Jerome Powell has signaled that rate cuts are coming, despite inflation ticking up in February.
  • Market Reaction: S&P 500 futures climbed 0.3%, Nasdaq 100 futures rose 0.6%, and Dow Jones Industrial Average futures gained 0.2%.
  • Gold Surges: The gold price surpassed $2,200 an ounce for the first time.
  • Micron Technology Soars: Micron Technology shares surged as much as 18% in premarket trading due to strong demand from AI companies.

Stay tuned for further updates as the Fed’s double whammy—CPI and interest rate decisions—unfolds.


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