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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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Stock Market Edges Higher Ahead of Christmas Break

                                          

US stocks looked set for a mostly muted open to a final, shortened trading session before the Christmas holiday. Futures tied to the S&P 500 (ES=F) were up 0.1%, while those on the tech-heavy Nasdaq (NQ=F) rose 0.2%. Dow Jones Industrial Average futures (YM=F) hugged the flatline.

Wall Street is looking to enter its Christmas break rejuvenated, after tech stocks including AI chip giant Nvidia (NVDA) led the march higher on Monday. Markets close at 1 p.m. ET today and are off tomorrow for Christmas Day. Sizable gains on Friday and Monday have put the indexes back on the path toward their record highs, from which they took a Fed-fueled nosedive last week.

Wall Street is reassessing the path of interest rates next year as it grapples with the reality that the Fed mostly pulled off a so-called soft landing – but couldn’t fully shake the US economy’s inflation problem. According to the CME FedWatch tool, most bets are on two coming holds at the Fed’s January and March meetings, followed by a toss-up in May.

Meanwhile, many eyes continue to be trained on Nvidia, which saw a more than 3.5% gain on Monday. As Yahoo Finance’s Dan Howley writes, 2024 was Nvidia’s year, with the stock up some 180%. But 2025 could contain plenty of challenges.



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