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Wall Street Pauses as Tech Weakness Weighs on Futures

  U.S. stock futures were mixed as investors navigated lingering volatility following a sharp pullback in major technology names. Dow Jones futures showed a slight uptick, while S&P 500 futures hovered near flat. Nasdaq futures, however, continued to drift lower, reflecting ongoing pressure in the tech sector. The recent downturn in high‑growth technology stocks has prompted a broader shift in market sentiment, with traders rotating toward more defensive positions. Concerns about the sustainability of tech valuations and the impact of AI‑driven competition have added to the cautious mood. Attention now turns to Alphabet’s upcoming earnings report, which is expected to play a pivotal role in shaping the market’s next move. With investors eager for clarity on the company’s AI strategy and advertising performance, the results could either steady the tech landscape or deepen the current uncertainty.

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Liberals to Announce New Leader on March 9

 


The Liberal Party of Canada is set to announce its new leader on March 9, 2025. This announcement follows Prime Minister Justin Trudeau's decision to step down as the party leader and prime minister. The party's national board of directors has established the rules for the leadership contest, including a $350,000 entry fee for candidates.

Several prominent figures have expressed interest in running for the leadership position, including Ontario MP Chandra Arya and former Montreal MP Frank Baylis. Other potential candidates include former finance minister Chrystia Freeland, former B.C. premier Christy Clark, and several current cabinet ministers.

The new leader will guide the Liberal Party into the next federal election and will become the prime minister as long as the party remains in power. The leadership race is expected to be a significant event in Canadian politics, with many eyes on the potential candidates and their platforms.


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