Skip to main content

Featured

Wall Street Futures Edge Higher as Soft Jobs Data Fuels Rate-Cut Hopes

  US stock futures ticked upward on Wednesday, extending Wall Street’s rebound as investors digested a weaker-than-expected ADP employment report. The data showed a surprise decline in private-sector payrolls, reinforcing expectations that the Federal Reserve may move forward with an interest rate cut at its upcoming December meeting. Market Performance Dow Jones Industrial Average futures rose about 0.2%, adding 80 points to 47,624. S&P 500 futures gained 9.25 points to 6,849.50, up 0.14%. Nasdaq 100 futures advanced 25.50 points to 25,631.50, a 0.10% increase. Key Drivers The ADP jobs report revealed a drop in private-sector employment, signaling cooling labor market conditions. This bolstered investor confidence that the Fed will ease monetary policy, with markets pricing in nearly 88% odds of a rate cut next week. Tech stocks continued to provide momentum, with Nvidia and Marvell edging higher. Crypto-linked stocks surged, with PMAX up 67%, CMCT up 30%, a...
Post a Comment
Read more

article

Labels

TSB Investigates Cause of Halifax Plane Incident: Tilt and Flames During Landing

 

The Transportation Safety Board of Canada (TSB) has launched an investigation into a dramatic incident involving an Air Canada Express flight at Halifax Stanfield International Airport. The incident occurred late Saturday night when the Bombardier Q400 aircraft, operated by PAL Airlines, experienced a rough landing that caused the plane to tilt and sparks to fly from its wing, igniting flames.

Passengers on board reported feeling a "massive rumble" upon landing, followed by the sight of sparks and flames, and smoke entering the cabin. Airport spokesperson Tiffany Chase confirmed that the plane, arriving from St. John's, N.L., experienced a suspected landing gear issue, which prevented it from reaching the terminal.

Despite the alarming situation, all 73 passengers and crew members were safely evacuated by bus, with no serious injuries reported. The airport was temporarily closed for about 90 minutes, causing flight diversions and cancellations.

The TSB's investigation aims to determine the exact cause of the landing gear malfunction and assess whether any safety protocols were breached. The aviation community is closely watching the investigation, hoping to prevent similar incidents in the future.



Labels:

Comments

Post a Comment