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Trade Tensions Rattle Wall Street’s Momentum

After an impressive streak of gains that pushed major U.S. indices to record highs, the stock market faced a sharp reversal as renewed trade tensions triggered investor anxiety. The Dow Jones Industrial Average, S&P 500, and Nasdaq all pulled back in Friday’s session, with financials and industrials leading the retreat. Concerns were reignited after new tariffs targeting tech and manufacturing imports between the U.S. and China surfaced, prompting fears of escalating economic friction. These measures, aimed at protecting domestic industries, were met with criticism from global partners and stoked uncertainty about the broader trade landscape. Analysts note that while earnings remain strong and economic indicators are still resilient, the shadow of protectionism looms large. Investor sentiment, which had been buoyed by dovish monetary policy and solid corporate results, now finds itself caught in geopolitical crosswinds. Many traders are now recalibrating their expectations heading ...
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Canadian Troops May Be Sent to Ukraine as Part of Peace Deal, Says Trudeau



Prime Minister Justin Trudeau has announced that sending Canadian troops to Ukraine is a possibility under a potential peace deal. During a visit to Kyiv to mark the third anniversary of Russia's full-scale invasion of Ukraine, Trudeau stated that "everything is on the table" when it comes to supporting Ukraine.

Trudeau emphasized Canada's commitment to aiding Ukraine, including a pledge of $5 billion in aid using funds from seized Russian assets. He also mentioned that Canada will provide additional military support, such as light armoured vehicles and F-16 flight simulators.

Foreign Affairs Minister Mélanie Joly echoed Trudeau's sentiments, expressing Canada's interest in having more Canadians involved in protecting Ukraine. Ukrainian President Volodymyr Zelenskyy thanked Canada for its continued support, particularly in training soldiers and supplying optical parts for drones.

As discussions continue, the possibility of Canadian troops being deployed to Ukraine remains a significant consideration in the efforts to establish a lasting peace.


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