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Wall Street Eyes Weekly Gain as Peace Hopes Lift Futures

  Wall Street Poised for Weekly Gain as Futures Climb on Middle East Peace Hopes Wall Street looked set to close the week on a positive note as U.S. equity futures climbed Friday, supported by renewed optimism that diplomatic progress in the Middle East could ease geopolitical tensions. Investors have been highly sensitive to any signs of de‑escalation, and this week’s developments helped unwind some of the risk premiums that had weighed on global markets. Oil prices, which surged earlier in the month on fears of supply disruptions, pulled back again as ceasefire discussions gained traction. Lower energy costs have helped cool inflation expectations, giving markets a bit more breathing room after a volatile stretch. Major U.S. indexes are now on track for a weekly gain, with tech and consumer stocks leading the rebound. Still, analysts caution that sentiment remains fragile: any setback in negotiations could quickly revive market turbulence. For Canadian investors, easing oil v...
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Market Jitters: U.S. Stocks Retreat Amid Tariff Tensions

                                     

U.S. stock futures took a hit on Tuesday as investors reacted to President Donald Trump's latest tariff measures, sparking fears of an escalating trade war. The Dow Jones Industrial Average futures fell 0.3%, while S&P 500 futures dropped 0.5%, and Nasdaq 100 futures shed 0.6%. These declines followed Monday's sell-off, driven by concerns over the economic impact of the tariffs.

The new measures include a 25% tariff on imports from Canada and Mexico, alongside a doubling of duties on Chinese goods to 20%. In response, Canada announced immediate retaliatory tariffs on U.S. imports, while China imposed additional duties on American agricultural products. Despite the tensions, China's measured response left some room for negotiation, offering a glimmer of hope for market stability.

Retail giants like Target and Best Buy also faced challenges, with Target warning of profit pressures due to tariff uncertainties. Meanwhile, bond markets reflected growing concerns about global economic growth, as traders adjusted expectations for Federal Reserve interest rate cuts.

The unfolding trade tensions and their potential impact on global markets continue to dominate investor sentiment, leaving markets on edge as they navigate this uncertain landscape.

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