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Tech Jitters and Fed Uncertainty Weigh on Markets

U.S. stocks slipped as a pivotal week began, with investors bracing for a wave of Big Tech earnings and the Federal Reserve’s upcoming policy decision. The Dow, S&P 500, and Nasdaq all edged lower, reflecting a cautious mood across markets. The pullback follows a choppy stretch for equities, as major indexes have struggled to regain momentum amid shifting expectations for interest‑rate cuts and ongoing geopolitical concerns. Tech stocks, in particular, have been under pressure after consecutive weekly declines, raising the stakes for earnings reports from industry giants. Apple, Microsoft, Meta, and Tesla are all set to report in the coming days, and their results could determine whether the sector reclaims leadership or continues to drag on broader market performance. With the Fed meeting approaching, traders are looking for clarity on the central bank’s rate‑cut timeline. Until then, many appear content to stay on the sidelines as uncertainty hangs over the week ahead.
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A City Buried: Toronto Endures Its Snowiest Day on Record

 

Residents are being warned of dangerous travel conditions, including the possibility of near-zero visibility at times.


Toronto woke up to a historic winter wallop as an intense snowstorm dumped an astonishing 40–50+ cm across the city, marking the snowiest single day ever recorded. What began as a steady overnight snowfall quickly escalated into a full‑scale weather event that brought much of the region to a standstill.

Roads became nearly impassable by mid‑morning, with plows struggling to keep pace as snow accumulated faster than crews could clear it. Public transit faced widespread delays, and several bus routes were suspended entirely. Pearson International Airport reported dozens of cancellations as visibility dropped and runways required continuous clearing.

Despite the disruption, Torontonians showed their trademark resilience. Neighbours helped dig out buried cars, families turned the drifts into makeshift playgrounds, and social media filled with images of a city transformed into a deep‑winter landscape.

Meteorologists noted that while Toronto is no stranger to heavy snow, the sheer volume within such a short window makes this storm exceptional. As cleanup continues, officials are urging patience—and caution—while the city digs itself out from this record‑breaking winter blast.


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