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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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Nova Scotia Police Confirm Missing Children Were Seen in Public Before Disappearance


In a recent development, the Royal Canadian Mounted Police (RCMP) have confirmed that two missing children from Nova Scotia, Lilly Sullivan, 6, and her brother Jack Sullivan, 4, were seen in public with family members the day before they vanished. The siblings were reported missing on May 2, prompting an extensive search effort in the Lansdowne Station area.

Authorities have gathered hours of video footage from the surrounding areas and are now requesting additional dashcam or surveillance footage from Gairloch Road between April 28 and May 2. Despite receiving over 355 tips and conducting more than 50 formal interviews, police have yet to determine the circumstances of the children's disappearance.

The search, which initially covered 5.5 square kilometers of dense woodland, involved helicopters, drones, tracking dogs, and numerous volunteers. While the search was scaled back on May 7, investigators remain committed to uncovering what happened to Lilly and Jack.

Police urge anyone with relevant footage or information to come forward as they continue their investigation.

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