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Futures Slip as Geopolitical Tensions Overshadow Strong Bank Earnings

  US stock futures edged lower as investors balanced upbeat bank earnings against rising geopolitical unease tied to escalating tensions involving Iran. Contracts tied to the Dow, S&P 500, and Nasdaq all traded in the red, signaling a cautious start to the trading day. Major banks delivered solid quarterly results, with strong trading revenue and resilient consumer activity helping lift sentiment in the financial sector. Yet the optimism was tempered by concerns that potential US responses to developments in Iran could inject fresh volatility into global markets. Energy prices climbed as traders braced for possible disruptions. The pullback comes at a moment when investors are already navigating a crowded landscape of economic data, inflation readings, and policy uncertainty. With markets on edge, even strong corporate performance wasn’t enough to counter the broader risk-off mood.

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Ontario Braces for Brutal Cold: Coldest Temperatures of the Year Arrive


Ontario is experiencing a dramatic temperature drop as the coldest air of the year sweeps across the province. After a brief warm-up on Saturday, temperatures are expected to plummet by as much as 20-24°C within 18-24 hours. The Arctic air mass will bring frigid conditions, with some areas seeing temperatures drop to -28°C by Monday.

Residents are advised to bundle up and limit outdoor exposure to avoid frostbite and hypothermia. Travelers should be cautious of icy roads and potential snowfall, especially around Lake Huron. The cold snap is expected to last until Wednesday, with lake-effect snow likely to continue throughout the week.



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