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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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Southern Ontario Braces for Major Snowstorm: 25-35+ cm Expected


Southern Ontario is gearing up for a significant winter storm expected to hit the region on Sunday. The storm is forecasted to bring 25-35+ cm of snow, creating dangerous conditions and significant travel disruptions.

The storm, originating from a Colorado low, will tap into Gulf moisture as it moves just south of the Great Lakes. This will place southern Ontario in the ideal position for widespread heavy snowfall beginning before dawn and lasting through much of the day. 

Easterly winds will gradually strengthen, leading to low visibility and tough travel conditions. Snowfall rates of 1-3 cm per hour, combined with winds of 30-40 km/h, will create near-whiteout conditions at times. 

Residents are advised to avoid non-essential travel and stay up-to-date on local weather alerts. If travel is necessary, ensure your vehicle is prepared for hazardous conditions and check the latest highway conditions before heading out. 

The heaviest snowfall is expected in the Greater Toronto and Hamilton Area (GTHA), with totals close to 30 cm by the end of the storm. Light snow will continue into Sunday evening, gradually tapering off from west to east. 


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