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AI Anxiety and Metal Mayhem Shake U.S. Markets

U.S. stock futures stumbled as renewed doubts about the sustainability of the artificial‑intelligence boom rippled through financial markets. Tech-heavy benchmarks led the decline, with Nasdaq futures sliding and the S&P 500 also moving lower as investors reassessed whether AI-linked valuations have run too far, too fast. The unease wasn’t limited to equities. Precious metals experienced dramatic intraday swings, with gold and silver both whipsawing after a period of rapid gains. Traders pointed to shifting expectations around interest rates and safe‑haven demand as key drivers behind the volatility. The combination of tech-sector skepticism and commodity turbulence has created a tense backdrop for markets. While some investors see the pullback as a healthy reset, others worry it may signal deeper concerns about the durability of the recent rally. Markets now look ahead to upcoming economic data and corporate earnings for clearer direction.
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Mark Carney to Contest Nepean Seat in Upcoming Election

Mark Carney, the leader of the Liberal Party and former governor of the Bank of Canada, has announced his candidacy for the Ottawa riding of Nepean in the upcoming federal election. This decision follows the party's recent revocation of Chandra Arya's nomination, who has represented the riding since 2015. Carney's move to run in Nepean places him in close proximity to Conservative Leader Pierre Poilievre, who is seeking re-election in the neighboring riding of Carleton. The election is set to take place on April 28, marking a pivotal moment in Canadian politics. 

Carney's candidacy is expected to bring significant attention to the Nepean riding, as he aims to secure a seat in the House of Commons while leading the Liberal Party's campaign.

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