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Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.
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Frosty Forecast: Shubenacadie Sam Signals Six More Weeks of Winter

 

In a heartwarming winter tradition, Nova Scotia’s beloved groundhog, Shubenacadie Sam, emerged from her burrow on February 2, 2025, at the Shubenacadie Wildlife Park to deliver her annual prediction. The excited crowd—made up of families bundled in their warmest coats—and thousands tuning in online watched as Sam peeked out into the crisp, frosty morning.

According to age-old folklore, if a groundhog sees her shadow, it means an extended winter is on the horizon. This year, Sam’s brief appearance confirmed that chilly forecast, as she was seen with her shadow, signaling six more weeks of wintry weather ahead. A park spokesperson noted that Sam’s prediction, made at 8 a.m. AST, sets the stage as Nova Scotians prepare for more time to enjoy their snow-covered landscapes before the arrival of spring.

Adding to the day’s festivities, the event coincided with World Wetlands Day—an occasion that highlights the importance of local biodiversity and conservation efforts. The wildlife park offered interactive displays and educational activities, underscoring the region’s commitment to preserving its natural heritage while celebrating this enduring cultural ritual.

Whether or not one believes in the weather-predicting powers of a groundhog, Shubenacadie Sam’s annual forecast remains a cherished part of Nova Scotia’s winter traditions, inviting the community to embrace the season’s beauty and prepare for the extra weeks of winter weather ahead.


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