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. . Environment Canada has released the Snow Squall Watch for Perth with gusts and snowflakes expected from Tuesday through Wednesday morning.. The . . . More>
. . Local COVID-19 cases have doubled across Gray Bruce since the start of September.
Russell Wilson threw four more touchdown passes, including two to DK Metcalf, and the Seattle Seahawks rebounded from a first loss this season by beating the San Francisco 49ers 37-27 on Sunday
(Bloomberg) - Futures on the S&P 500 have fluctuated in Asia, after suffering a loss that reached more than 5% in the previous five sessions, as traders awaited the outcome of the US presidential election on Tuesday Four-day crude oil slump and developments over the weekend kept investors on edge ahead of the election Polls continue to show Democrat Joe Biden leading the way, though Battlefield states remain tight The US reported a slight slowdown in virus cases, but several states continued to see record infections The UK The Prime Minister of England ordered England a partial lockdown week, virtually ending the economy, while other European countries prepared to increase restrictions "The coming weeks are critical in terms of com well the economy is suffering due to the current COVID wave, "Evercore ISI strategist Dennis DeBusschere wrote in a report "The increase in hospital use and deaths would encourage quarantine, reduce economic activity and risk derailing gains seen over the past two quarters"Contracts on the S&P 500 rose 02% at 10:46 a.m. in Tokyo, erasing a loss of up to 0sept% Nasdaq 100 futures added 01% Larger index comes out of worst weekly rout since March, led by equities mega-cap tech companies that posted strong quarterly results days earlierJoe Biden's steady advance over President Donald Trump has left open the possibility of a Democratic sweep of Congress that investors say will lead to a flood of spending bills to jumpstart the economy as rising virus cases threaten To block While Biden is also set to raise taxes on top earners and increase regulation, his agenda also includes higher spending on infrastructure projects"Many investors fear a blue wave on election day will occur, giving Democrats absolute power to implement their expansive and costly agenda Wall Street strategists, including yours really, have countered that the downward impact of higher taxes and more regulations should be offset by increased spending in the Blue Wave scenario, ”Edward Yardeni, founder of Yardeni Research Inc wrote in a note to investors on Sunday There are still concerns a Biden administration would be more open to choking the economy in order to slow the spread of the virus, although it would also likely provide an aid package. massive to compensate for financial pain And investors may face a delayed or even contested outcome as millions of votes have been deposited by mail and may not be counted by the end of Tuesday."There is a chance that we will wake up Wednesday morning in a world with certainty and clarity, but we should probably be ready to wake up in a world where at least we have known unknowns," wrote Peter Tchir of Academy Securities. As the Nasdaq 100 remains over 25% higher this year, the buy-at-any price spirit that drove the rally begins to fade as investors question sky-high valuations As fears of a new economic pain grow, pressure grows on tech companies to generate the profit growth necessary to justify their high prices Apple, Amazon and Facebook prospects last week sparked a massive sell-off in tech stocks Virus continues to rage in parts of the US, threatening to overwhelm local health systems The situation is not less severe in Europe, where the UK reported more than 20,000 cases for a seventh consecutive day on Sunday Austria, Greece and Portugal followed Germany and France's lead on Saturday with extended shutdowns for November Belgium is set to enter an overnight lockdown, and Geneva will have a partial shutdown. “Fears of business closures and a rather fragile service sector could see the economy fall back from the strength of the summer, ”wrote Paul Nolte, portfolio manager at Kingsview Investment Management, in a note "In addition to the elections, this week will be filled with economic data, culminating with the jobs report on Friday”For more articles like this, please visit us at bloombergSubscribe now to stay ahead with the most trusted source of business news © 2020 Bloomberg LP
A snow squall watch is currently in effect for Cochrane and the surrounding area An intense cold front is moving southward through southern Alberta and is expected to produce brief periods of heavy snowfall and reduced visibility Drivers are advised to slow down and adjust to winter driving conditions Snow gusts vary the weather conditions considerably and changes from clear skies to heavy snow just a few miles away are common Visibility can be considerably and suddenly reduced to almost zero Snow squalls usually pass through areas quite quickly, but for now we need to be prepared for some intense driving conditions in Cochrane and the surrounding area Risk of snow flurries will decrease early this evening as the front enters Montana Snow Squall watch is in effect for: Rocky View Co near Cochrane Mountain View Co near Carstairs and Stirlingville Mountain View Co near Cremona and Water Valley Mountain View Co near Olds and Didsbury Mountain View Co near Sundre Rocky View Co near Airdrie and Crossfield Rocky View Co near Bottrel and Madden
Environment Canada said the incoming cold front is expected to produce brief spells of intense snowfall and reduced visibility throughout the city