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Wall Street Pauses as Earnings Season Heats Up

U.S. stock futures were mixed on Wednesday as investors braced for a wave of corporate earnings that could set the tone for markets in the weeks ahead. Futures tied to the Dow Jones Industrial Average and Nasdaq 100 hovered near flat, while S&P 500 contracts edged slightly higher. The cautious mood followed a record-setting session for the Dow, which closed at an all-time high above 47,000 on Tuesday, buoyed by strong results from blue-chip names like Coca-Cola. However, sentiment was tempered after Netflix shares tumbled more than 6% in after-hours trading on weaker-than-expected quarterly results. All eyes are now on Tesla, IBM, and other major companies set to report later today. Tesla’s earnings, in particular, are expected to be a key test for the so-called “Magnificent Seven” tech giants that have powered much of this year’s rally. Meanwhile, bond markets remained steady, with the 10-year Treasury yield holding just under 4%. Investors are also watching closely for signs ...
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Tragedy at Toronto Pearson Airport: Police-Involved Shooting Leaves One Dead

A man has died following a police-involved shooting at Toronto Pearson International Airport's Terminal 1. Peel Regional Police responded to reports of a "man in distress" early Thursday morning. According to the Special Investigations Unit (SIU), the man produced a firearm during the encounter, prompting three officers to discharge their weapons. The 30-year-old man was transported to the hospital, where he was pronounced dead. No officers were injured in the incident.

The shooting caused significant disruptions at the airport, with passengers rerouted and delays reported. Authorities have assured the public that this was an isolated incident and there are no ongoing threats to safety. The SIU is investigating the circumstances surrounding the shooting, as is standard procedure in cases involving police conduct.

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