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Trade Tensions Rattle Wall Street’s Momentum

After an impressive streak of gains that pushed major U.S. indices to record highs, the stock market faced a sharp reversal as renewed trade tensions triggered investor anxiety. The Dow Jones Industrial Average, S&P 500, and Nasdaq all pulled back in Friday’s session, with financials and industrials leading the retreat. Concerns were reignited after new tariffs targeting tech and manufacturing imports between the U.S. and China surfaced, prompting fears of escalating economic friction. These measures, aimed at protecting domestic industries, were met with criticism from global partners and stoked uncertainty about the broader trade landscape. Analysts note that while earnings remain strong and economic indicators are still resilient, the shadow of protectionism looms large. Investor sentiment, which had been buoyed by dovish monetary policy and solid corporate results, now finds itself caught in geopolitical crosswinds. Many traders are now recalibrating their expectations heading ...
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Ontario Braces for Ice Storm: Power Outages and Travel Disruptions Expected


Ontario is facing a significant ice storm this weekend, with freezing rain, snow, and ice pellets creating hazardous conditions across the province. The storm is expected to arrive in two waves, bringing prolonged freezing rain and heavy snow to many areas.

The first wave began Friday evening and will last into Saturday morning, while the second wave is set to arrive Saturday night and continue into Monday. Communities from cottage country to eastern Ontario are likely to experience ice accretion of up to 20 mm, leading to slippery roads, tree damage, and potential power outages. Northeastern Ontario could see snowfall accumulations of up to 40 cm, further complicating travel.

Residents are advised to stay home if possible, keep devices charged, and prepare for localized power outages. Emergency Management Ontario recommends postponing non-essential travel and staying informed through local weather alerts.


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