At least 30 Palestinians were killed in a wave of Israeli airstrikes across the Gaza Strip, according to local hospitals, marking one of the deadliest escalations since the ceasefire took effect. The strikes hit several densely populated areas, including parts of Gaza City and Khan Younis, leaving emergency crews struggling to reach survivors under the rubble. Medical staff reported that women and children were among the dead, with dozens more injured. The sudden surge in casualties has heightened fears that the fragile ceasefire could unravel, as both sides accuse each other of violating its terms. The latest violence comes amid ongoing humanitarian strain in Gaza, where shortages of medical supplies, fuel, and clean water continue to deepen the crisis. Residents describe a growing sense of uncertainty as they brace for the possibility of further escalation.
Market Watch: Inflation and rate fears dampen stocks
Investors are bracing for another volatile week as concerns about inflation and interest rate hikes continue to weigh on global markets.
Despite a strong earnings season and signs of economic recovery, many traders are worried that rising prices and supply chain disruptions could force central banks to tighten monetary policy sooner than expected. As a result, major stock indices have been trading in a narrow range, with little direction or momentum.
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