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Deadly Night in Kharkiv as Russian Strikes Devastate Residential Areas

                                        Rescuers work at the site of an apartment building hit by a Russian missile strike. Russia launched a wave of drones and missiles across Ukraine overnight, with Kharkiv suffering some of the deadliest impacts. At least seven people, including children, were killed when a missile struck a five‑story residential building in the city. Emergency crews battled fires and searched through rubble as officials reported at least 10 additional injuries.  The attack triggered a nationwide air‑raid alert as ballistic missiles and drones targeted multiple regions. Ukrainian President Volodymyr Zelenskyy condemned the strikes and called for a stronger international response. Local authorities described widespread damage to infrastructure and residential areas, underscoring the continued intensity of Russia’s campaign. 
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Wall Street Celebrates Record Highs for Stocks as Two of the Three Major Indexes Hit New Peaks


Wall Street Celebrates Record Highs for Stocks as Two of the Three Major Indexes Hit New Peaks

Wall Street is celebrating as two of the three major indexes hit new peaks. The S&P 500 climbed 1.2% to a record high of 4,839, eclipsing its previous peak of 4,796, set more than two years ago on January 3, 2022. Meanwhile, the Dow Jones Industrial Average rose 1.1% to end the week at 37,863. The tech-heavy Nasdaq Composite had to settle for a 1.9% jump to a two-year high of 15,310.

The stock market has returned to form in recent weeks, capping multiple record highs. With inflation cooling, investors are anticipating the Federal Reserve will be able to end its interest rate hiking campaign sooner rather than later, creating a more friendly environment for corporations. Rob Swanke, senior equity strategist for Commonwealth Financial Network, explained that stock market valuations have been rising in recent months as investors factor in the prospect of lower borrowing costs and improved earnings expectations. He also argued that “there’s still room to move higher,” given that valuations are below their 2022 levels.


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