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Markets Rebound as U.S. Ceasefire Proposal to Iran Sparks Investor Optimism

  U.S. stock futures surged early Wednesday as reports of a U.S.-backed ceasefire proposal to Iran boosted market sentiment and pushed oil prices sharply lower. Investors reacted positively to signs of potential de‑escalation in the Middle East, lifting Dow, S&P 500, and Nasdaq futures after a volatile week. U.S. stock futures climbed on Wednesday following reports that Washington sent Iran a 15‑point ceasefire plan aimed at halting the ongoing conflict in the Middle East. The development injected cautious optimism into global markets, which have been rattled by geopolitical tensions in recent weeks.  Futures tied to the Dow Jones Industrial Average and S&P 500 rose around 1% , while Nasdaq 100 futures jumped more than 1% , reversing some of the previous session’s losses. The shift in sentiment was amplified by a sharp retreat in oil prices— WTI crude fell over 5% , easing inflation concerns and improving the outlook for corporate margins.  The reported ceasef...
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Ontario Braces for First Major Snow Squall Event of the Season



Ontario is gearing up for its first major snow squall event of the season, with meteorologists predicting overwhelming snow totals that could reach up to 50 cm. The multi-day event, starting late Thursday and continuing through the weekend, is expected to impact the traditional snowbelt regions, including London, Guelph, and parts of the Greater Toronto Area (GTA).

Snow squall watches and warnings have been issued for areas on the lee of the Great Lakes, with meteorologists warning of treacherous travel conditions due to intense accumulating snow and near-zero visibility. The coldest air of the season is expected to stir up the lake-effect snow machine, leading to persistent and potent snow squalls.

Drivers are urged to plan ahead and be prepared for sudden changes in weather conditions. While this may be great news for Ontario's ski resorts, it poses significant challenges for road travel.



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