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Market Rebounds as AI Jitters Ease Ahead of Fed Minutes

U.S. stock futures edged higher early Wednesday as investors regained their appetite for risk, encouraged by a cooling wave of anxiety surrounding the artificial intelligence sector. After several sessions marked by sharp swings in major tech names, sentiment appears to be stabilizing, giving the broader market room to breathe. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all posted modest gains in premarket trading. Much of the rebound reflects investors reassessing last week’s AI-driven volatility, which had sparked concerns about overheated valuations and the durability of the sector’s rapid growth. Attention now turns to the Federal Reserve’s upcoming meeting minutes, set for release later today. Traders are looking for clues about the central bank’s thinking on inflation, interest rates, and the broader economic outlook. While no immediate policy shift is expected, even subtle language changes could influence market direction in the days ahead. For now, th...
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Canada’s Employment Boom: 76,000 New Jobs Signal Economic Recove

 


Canada’s labour market made impressive gains in January as the economy added a net 76,000 jobs, helping push the unemployment rate down to 6.6%. The surge in employment far exceeded economists’ expectations, signaling renewed confidence amid ongoing global economic uncertainties.

A key driver behind the strong performance was the manufacturing sector, which contributed roughly 33,000 new positions. This development underscores the sector’s reliance on U.S. demand for Canadian exports, a factor that has become increasingly significant given current trade tensions. In addition to the manufacturing boost, full-time employment also saw a healthy increase while part-time roles added to the overall strength of the report.

Despite these encouraging signs, analysts remain cautious. Although the unemployment rate has fallen, it still points to some underlying slack in the labour market. Wage growth moderated slightly to 3.5% on a year-over-year basis, which could influence upcoming monetary policy decisions by the Bank of Canada. With the possibility of further interest rate cuts on the horizon, this robust job report is likely to play a crucial role in shaping economic policy in the coming months.

The latest figures paint a positive picture for Canada’s recovery, offering renewed optimism for a more resilient and dynamic economic future.

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