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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...
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G7 Summit Sparks Unprecedented Security Measures in Canada

As the G7 summit approaches, Canadian authorities are ramping up security efforts in what is being described as the largest domestic security operation in the country’s history. The Royal Canadian Mounted Police (RCMP) and local law enforcement agencies are working in tandem to ensure the safety of world leaders and attendees at the high-profile event set to take place in Kananaskis, Alberta, from June 15 to 17.

Security officials anticipate protests and demonstrations, prompting the establishment of controlled access zones around key venues from June 10 to June 18. The RCMP-led Integrated Safety and Security Group (ISSG), which includes the Calgary Police Service, Alberta Sheriffs, Alberta Conservation Officers, and the Canadian Armed Forces, is coordinating efforts to mitigate risks.

Authorities are particularly concerned about technological threats, including cybersecurity risks and the weaponization of drones, which have become more prevalent in global conflicts. Officials have studied past security operations, including the G20 summit in Brazil, to prepare for potential challenges.

With U.S. President Donald Trump among the expected attendees, security measures are being heightened due to previous assassination attempts against him. The Canadian Armed Forces will play a crucial role, deploying military convoys, aircraft, and surveillance operations to bolster security.

Residents and visitors in Calgary and Kananaskis can expect to see increased police presence, military vehicles, and aerial patrols in the coming weeks. Authorities are urging the public to remain vigilant and cooperate with security protocols to ensure a smooth and safe summit.


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