Skip to main content

Featured

Tech Giants Lift Markets as Investors Brace for Fed Decision

Both the S&P 500 and the Nasdaq hit their highest levels in more than a week on Monday. Wall Street finished the day on a strong note, with major U.S. indexes advancing as investors positioned themselves for a pivotal week of corporate earnings and a closely watched Federal Reserve meeting. Market Momentum The S&P 500 and Nasdaq extended their recent winning streak, marking their longest run of gains in weeks. Confidence was fueled largely by heavyweight technology stocks, which continued to attract buyers ahead of their upcoming earnings reports. What’s Driving the Optimism Companies such as Apple, Microsoft, Alphabet, Broadcom, and Meta helped propel the market higher. Their performance has been central to the broader rally, especially as enthusiasm around artificial intelligence remains a dominant theme in tech valuations. Eyes on Earnings and the Fed Investors are now turning their attention to earnings guidance from these major firms, which could determine whether t...
Post a Comment
Read more

article

Labels

Trudeau Announces Significant Reduction in Immigration Targets

 

Prime Minister Justin Trudeau is set to announce a substantial decrease in Canada’s immigration targets for the coming years. This decision marks a significant shift from the government’s previous stance on immigration.

According to sources, the number of new permanent residents Canada will accept in 2025 is expected to drop to 395,000, down from the previously set target of 500,000. This reduction aims to address concerns about housing shortages, infrastructure strain, and the integration of new immigrants into Canadian society.

The announcement, which will be made later today, also includes plans to reduce the number of temporary residents for the first time. This move is seen as a response to growing public and political pressure to manage the country’s population growth more sustainably.

The government’s decision has sparked a range of reactions, with some praising the move as necessary for maintaining quality of life, while others criticize it as a step back from Canada’s tradition of welcoming immigrants.


Labels:

Comments

Post a Comment