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Wall St Futures Slip as Geopolitical Uncertainty and Mixed Earnings Weigh on Sentiment

Wall Street futures slipped early Thursday as investors grew cautious in the absence of clear signals on the U.S.–Iran war, while a wave of mixed earnings added to the uncertainty. Iran’s seizure of two ships in the Strait of Hormuz and its demand that the U.S. lift its naval blockade have heightened geopolitical tensions, even after President Donald Trump extended the ceasefire indefinitely. The standoff continues to keep oil prices above $100 per barrel , raising concerns about a potential inflation flare‑up.  Economists warn that even if the conflict eases, the global economy may take time to normalize after one of the largest oil supply disruptions in decades.  As of early morning trading, Dow E‑minis were down 0.73%, S&P 500 E‑minis slipped 0.50%, and Nasdaq 100 E‑minis fell 0.48% , reflecting a broader pullback in risk appetite.  Earnings added another layer of volatility. Tesla shares fell after the company boosted its annual spending plan to more than $25...
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5 Things to Know Today: Key Money Stories Canadians Are Watching

 

1. Fintrac Warns of Rising Extortion‑Linked Transactions

Canada’s financial intelligence agency says criminal networks are increasingly using young international students to move money tied to extortion schemes, with over 63,000 suspicious transactions flagged so far in 2026. This highlights growing fraud exposure for small businesses and households.

2. Spring Economic Update Coming April 28

The federal government will release its Spring Economic Update next week, outlining new measures aimed at strengthening Canada’s economy. Markets will be watching closely for signals on spending, deficits, and consumer‑focused affordability measures.

3. Ottawa to Announce New Homebuilding Measures

The Prime Minister is set to unveil new policies to accelerate home construction in Ottawa. Any supply‑boosting measures could influence housing affordability, construction sector activity, and mortgage‑market expectations.

4. Alberta Referendum Update Expected Today

Alberta Premier Danielle Smith will provide an update on the province’s fall referendum, which includes proposals affecting immigration‑linked social services. Policy shifts could have downstream effects on labour markets and provincial economic planning.

5. Rising Political Uncertainty in Quebec

Quebec’s new premier, Christine Fréchette, faces a “glass cliff” scenario as she leads an unpopular party into an election within six months. Political instability can influence provincial spending priorities, investor sentiment, and business confidence.


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