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Market Soars as U.S.-China Tariff Truce Sparks Investor Optimism

In a dramatic turnaround, the Dow Jones Industrial Average surged more than 1,100 points  on Monday following a 90-day tariff truce  between the United States and China. The agreement, which significantly reduces reciprocal tariffs, has provided relief to investors concerned about prolonged trade tensions. The S&P 500  climbed nearly 3.3% , while the Nasdaq Composite  led gains with a 4.3% jump . The rollback of tariffs—cutting U.S. duties on Chinese imports from 145% to 30%  and China's tariffs on U.S. goods from 125% to 10% —was more aggressive than expected, fueling optimism across Wall Street. Tech stocks saw a notable rebound, with Nvidia, Amazon, Apple, and Tesla  all posting strong gains. Meanwhile, commodities rallied, with oil prices climbing and the U.S. dollar strengthening against major currencies. The tariff pause comes at a crucial time, allowing businesses to stabilize supply chains and prepare for upcoming economic reports, including the...
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Ontario Under Ice: Icy Conditions Disrupt Travel as Weekend Storm Approaches

 

Ontario residents are facing hazardous travel conditions this Thursday as a mix of ice, snow, and freezing rain disrupts roadways and public transit. Several school boards in the Greater Toronto and Hamilton Area have canceled bus services—and in some areas, schools have closed—to help ensure safety amid the treacherous conditions .

Meteorologists report that slick roads and a bitter wind chill, with temperatures feeling as low as –11 °C this morning, have created significant delays for commuters . As the day progresses, temperatures are expected to gradually rise to around 2 °C; however, the early winter conditions continue to challenge drivers across the province .

Authorities and weather experts are also keeping a close eye on a larger storm system predicted to hit Ontario this weekend. The incoming storm is expected to bring an additional 5–10 centimetres of snow in localized areas, compounding current disruptions and urging caution among those with travel plans .

Travelers and residents are advised to monitor local weather updates and exercise extra caution on icy roads. With a mix of wintry precipitation continuing to evolve, staying informed is key to navigating Ontario’s winter challenges safely.

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