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Wall St Futures Slip as Geopolitical Uncertainty and Mixed Earnings Weigh on Sentiment

Wall Street futures slipped early Thursday as investors grew cautious in the absence of clear signals on the U.S.–Iran war, while a wave of mixed earnings added to the uncertainty. Iran’s seizure of two ships in the Strait of Hormuz and its demand that the U.S. lift its naval blockade have heightened geopolitical tensions, even after President Donald Trump extended the ceasefire indefinitely. The standoff continues to keep oil prices above $100 per barrel , raising concerns about a potential inflation flare‑up.  Economists warn that even if the conflict eases, the global economy may take time to normalize after one of the largest oil supply disruptions in decades.  As of early morning trading, Dow E‑minis were down 0.73%, S&P 500 E‑minis slipped 0.50%, and Nasdaq 100 E‑minis fell 0.48% , reflecting a broader pullback in risk appetite.  Earnings added another layer of volatility. Tesla shares fell after the company boosted its annual spending plan to more than $25...
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Singh Rejects Conservative Non-Confidence Motion Despite Using His Own Words

NDP Leader Jagmeet Singh has announced that he will not support the Conservative Party's latest non-confidence motion, even though it quotes his own criticisms of the Liberal government. Singh stated that he refuses to play Conservative Leader Pierre Poilievre's "games" and emphasized his commitment to expanding dental care and pharmacare programs introduced under the NDP's former governing agreement with the Liberals.

The motion, expected to be introduced on Thursday, calls on the House of Commons to declare that it agrees with Singh's criticisms and has lost confidence in the government. If passed, this motion would trigger an election. However, Singh has made it clear that he is not willing to vote non-confidence and risk cutting the programs the NDP fought for.

The non-confidence vote was scheduled after Speaker Greg Fergus intervened to pause a filibuster on a privilege debate about a green technology fund. The Conservatives have said they would only end the debate if the NDP agrees to topple the government or if the Liberals turn over unredacted documents at the center of the parliamentary gridlock.

Singh's decision highlights his focus on delivering tangible benefits to Canadians rather than engaging in political maneuvering.

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