strong winter storm slammed New York City and much of the U.S. Northeast on Friday

NEW YORK  A strong winter storm slammed New York City and much of the U.S. Northeast on Friday, forcing businesses, schools and transportation systems to shut down.Commuters struggled in the absence of suburban train and bus services into New York City, where several inches (cm) of snow accumulation and drifts of several feet snarled morning rush hour travel.On Wall Street, workers pitched in electronically or braved the storm to get to their jobs, so trading was unlikely to take a heavy hit, observers said.”I don’t think it will affect the volume, and volumes have been light anyway,” said Alan Valdes, director of floor trading at Kabrik Trading. “I would guess volumes would be light whether it was sunny and in the 70s or not.”

The wintry blast, which began on Thursday and was predicted to last through Saturday, was the third heavy storm to hit the region in a month.Bond trading was light due to the inclement weather, said William Larkin, fixed income portfolio manager at Cabot Money Management in Salem, Massachusetts.”New York is probably out of the picture,” he said.Parts of Pennsylvania, northern New Jersey, upstate New York and Massachusetts could expect snow accumulations of as much as two feet, the National Weather Service said.The storm was moving very slowly and was expected to hover over the Northeast through Saturday, the NWS said.The impact of the bad winter weather could be felt throughout a U.S. economy still struggling to emerge from recession.

HIGH WINDS

“The issue … has been the unusual weather this quarter, said Subodh Kumar, chief investment strategist at Subodh Kumar & Associates, in Toronto,In New York City, subway service was slowed and buses struggled to navigate snow-covered streets.Strong winds, gusting up to 60 miles per hour in eastern Long Island, posed danger to those venturing outside, the NWS said.Among the storm’s casualties, a man was struck and killed by a snow-laden tree limb that fell in Central Park on Thursday, authorities said. The roof of a home in suburban New Jersey collapsed under the heavy snow, and a snowplow and an automobile collided in suburban New York, causing an undermined number of injuries, authorities said.

Some 28,000 people were without power in suburban New York, and more than 2,000 customers suffered outages in the city, Con Edison said. More than 2,000 customers were without power in New Jersey, local power authorities said.Schools were closed in New York City, Philadelphia and elsewhere in the Northeastern states.Hundreds of flights were canceled at Newark Liberty International Airport, while delays were reported at John F. Kennedy International Airport and flights canceled at Philadelphia’s airport, authorities said.Winds gusted up to 50 miles per hour in Philadelphia, which declared a snow emergency, its fourth of the winter.Amtrak canceled regional trains in upstate New York, and commuter bus service was suspended in northern New Jersey.(Reuters)

blizzard warnings were expected to expire early Thursday. Some areas in New York, Maryland and Washington

Blizzard warnings in some areas, such as Philadelphia, Pennsylvania, expired late Wednesday. And other blizzard warnings were expected to expire early Thursday. Some areas in New York, Maryland and Washington, already buried under layers of snow, might still see light snow Thursday, the National Weather Service said.

Officials were still deciding early Thursday whether to open Dulles International Airport and Reagan Washington National airports, after they were shut down Wednesday.Amtrak was still providing limited service for Washington, New York and Boston, Massachusetts, on Thursday, but most passenger rail service south of Washington was canceled.

The New York subway system was expected to run normally Thursday, compared with the limited service at the height of the blizzard, transit officials said.This winter is already the snowiest on record for Washington and its suburbs, as well as Baltimore, Maryland, and Wilmington, Delaware, the National Weather Service said. And it’s on track to set records in other cities, including Philadelphia and Atlantic City, New Jersey.

The 55 inches of snow that have accumulated in the nation’s capital during the past two storms proved too much for some buildings. Snow was blamed for the collapse of at least 22 roofs in Washington.In central Pennsylvania, Interstate 80 near Clearfield was shutdown after two pileups — one involving 17 cars and the other involving seven cars, said Rich Kirkpatrick of the state’s Department of Transportation.One person died and another person was seriously injured, police said.