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Tech Jitters and Fed Uncertainty Weigh on Markets

U.S. stocks slipped as a pivotal week began, with investors bracing for a wave of Big Tech earnings and the Federal Reserve’s upcoming policy decision. The Dow, S&P 500, and Nasdaq all edged lower, reflecting a cautious mood across markets. The pullback follows a choppy stretch for equities, as major indexes have struggled to regain momentum amid shifting expectations for interest‑rate cuts and ongoing geopolitical concerns. Tech stocks, in particular, have been under pressure after consecutive weekly declines, raising the stakes for earnings reports from industry giants. Apple, Microsoft, Meta, and Tesla are all set to report in the coming days, and their results could determine whether the sector reclaims leadership or continues to drag on broader market performance. With the Fed meeting approaching, traders are looking for clarity on the central bank’s rate‑cut timeline. Until then, many appear content to stay on the sidelines as uncertainty hangs over the week ahead.
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Carney Set to Roll Out Major Affordability Plan

                                            Prime Minister Mark Carney

 is preparing to unveil a wide‑ranging package of measures aimed at easing the financial pressure facing households across the country. The initiative is expected to focus heavily on boosting direct support for low‑ and middle‑income Canadians as living costs continue to strain family budgets.

A central feature of the package is an expansion of the GST credit, which would increase quarterly payments for millions of eligible recipients. Early indications suggest the enhanced credit would deliver meaningful additional support over the coming years, offering relief to single adults, couples, and families who have been hit hardest by rising prices.

The affordability package is also expected to include targeted measures to help with essential expenses such as groceries, building on previous rebates and cost‑of‑living supports. Together, these steps signal a renewed push by the federal government to address economic pressures as Parliament resumes and affordability remains a top concern for Canadians.


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