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Kingsbury Strikes Gold to Open Canada’s Medal Count

Canada's Mikael Kingsbury wins Olympic gold in men's dual moguls. Mikael Kingsbury has delivered a landmark moment for Team Canada, capturing the nation’s first gold medal of the Milan Cortina Olympics. The freestyle skiing superstar put down a commanding moguls run, blending speed, precision, and trademark control to secure the top spot. Already regarded as one of the greatest moguls athletes in history, Kingsbury added yet another highlight to his remarkable career. His victory energized the Canadian contingent and set a confident tone for the days ahead. As the flag rose behind him during the medal ceremony, Kingsbury’s performance stood as both a personal triumph and a powerful start to Canada’s Olympic campaign.

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Market Rebound Amid Weekly Losses

                                         

U.S. stock futures showed signs of recovery on Friday after a challenging week marked by steep losses. Futures tied to the S&P 500 rose by approximately 0.9%, while the tech-heavy Nasdaq 100 saw a 1.1% increase. The Dow Jones Industrial Average futures also climbed by 0.6%.

This rebound comes after the S&P 500 entered correction territory, joining the Nasdaq Composite in a sharp downturn. The week has been turbulent, with markets reacting to uncertainties surrounding trade policies and economic data. However, optimism grew as political developments suggested a reduced risk of a government shutdown.

Despite the day's positive momentum, all three major indexes are on track for significant weekly losses, reflecting the broader challenges faced by the market. Investors remain cautious as they await further economic indicators and policy updates.

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