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Northeast Winter Storm Disrupts Holiday Travel, Thousands of Flights Affected

  A powerful mix of snow and ice sweeping across the U.S. Northeast has caused major travel disruptions, leading to thousands of flight delays and cancellations across the region. The storm, which hit early Saturday, prompted states of emergency in New York and New Jersey and forced officials to warn residents to stay off treacherous roads. Airports in the New York metropolitan area—including JFK, LaGuardia, and Newark Liberty —were among the hardest hit, with airlines struggling to manage the post‑holiday travel surge. According to flight‑tracking data, more than 5,580 flights were delayed and at least 860 were canceled as of Saturday afternoon. Snowfall totals ranged from 15 to 25 centimeters across parts of New York, Connecticut, and Long Island, with New York City recording 2 to 4 inches in Central Park. Crews worked through the morning to de‑ice aircraft and clear runways as passengers faced long waits and rebooking challenges. New York Governor Kathy Hochul emphasized...
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Market Update: Dow Futures Slip as Investors Reevaluate Rate-Cut Expectations

 

The stock market experienced a downturn today as Dow futures slipped, reflecting a broader retreat in stocks. This shift comes as investors reassess their expectations for potential interest rate cuts by the Federal Reserve.

The reevaluation follows a robust jobs report that has led many to believe that the Federal Reserve may not cut rates as aggressively as previously anticipated. This sentiment is further compounded by the upcoming release of key inflation data and the start of the third-quarter earnings season.

In early trading, the Dow Jones Industrial Average futures fell by 0.3%, while the S&P 500 and Nasdaq 100 futures also saw declines. Investors are now closely watching for any signals from the Federal Reserve and upcoming economic indicators that could influence the central bank’s policy decisions.

The market’s cautious stance highlights the ongoing uncertainty and volatility as investors navigate through mixed economic signals and adjust their strategies accordingly.


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