U.S. stocks edged lower as investors navigated a mix of rising oil prices, corporate earnings signals, and shifting expectations around Federal Reserve policy. The Dow, S&P 500, and Nasdaq all turned down after early gains, reflecting a market grappling with geopolitical tensions and inflation concerns. Indexes Pull Back All three major indexes slipped roughly between 0.3% and 0.6%, giving back some of the previous session’s momentum. The downturn followed renewed volatility in energy markets and cautious sentiment around consumer spending. Oil Prices Add Fresh Pressure Crude prices extended their sharp rally, driven by heightened worries over a potential U.S.–Iran conflict. Brent crude climbed above $71 per barrel, while West Texas Intermediate hovered near $66 — its biggest daily jump since October. Rising energy costs revived inflation concerns and weighed on equities. Walmart Earnings in Focus Walmart posted stronger‑than‑expected results, but its cautious pro...
Alberta Independence Rally Sparks Debate at Legislature
Hundreds of Albertans gathered at the Alberta Legislature in Edmonton on Saturday to rally in support of separating from Canada. The demonstration, fueled by frustration over federal policies and the recent Liberal election victory, saw participants waving Alberta flags and even some displaying U.S. flags.
Premier Danielle Smith’s government recently proposed legislation that would lower the threshold for holding a referendum, making it easier for citizens to push for a vote on secession. While Smith has not explicitly endorsed separation, the move has emboldened those advocating for Alberta’s independence.
The rally was met with opposition from Indigenous groups, who argued that separation would violate treaty agreements. Piikani Nation Chief Troy Knowlton emphasized that Alberta does not have the authority to interfere with or negate treaties, reinforcing the complexity of the issue.
As tensions rise, the debate over Alberta’s future within Canada continues to unfold, with both supporters and critics making their voices heard.
Comments
Post a Comment