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Storm Wipha Triggers Fatal Boat Accident in Vietnam’s Halong Bay

  A tourist boat carrying 53 people, including five crew members, tragically capsized in Halong Bay on Saturday, resulting in the deaths of three individuals. The incident occurred around 2 p.m. local time, shortly after Storm Wipha swept into the South China Sea, unleashing strong winds, torrential rain, and lightning. Rescue teams have recovered three bodies and successfully located 12 survivors, according to reports from local border guards. The nationalities of the passengers have not yet been disclosed, and search operations remain ongoing amid challenging weather conditions. Halong Bay, a UNESCO World Heritage site located approximately 200 kilometers northeast of Hanoi, is one of Vietnam’s most popular tourist destinations, renowned for its limestone islands and scenic boat tours. The storm has also disrupted air travel, with several flights diverted or grounded at Noi Bai Airport due to adverse weather. Authorities continue to monitor Storm Wipha, which is expected to ma...
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U.S. Shares Mixed: Dow Jones Edges Up 0.12%

 

U.S. equities experienced a mixed session at the close of trading on Monday. While gains in the Basic Materials, Telecoms, and Oil & Gas sectors propelled some shares higher, losses in the Consumer Services, Industrials, and Technology sectors led to declines in others.

Key Highlights:

Dow Jones Industrial Average: A Modest Rise

  • The Dow Jones Industrial Average managed a modest gain of 0.12%.
  • Notable performers on the Dow included:
    • UnitedHealth Group Incorporated (NYSE: UNH), which rose by 2.69%.
    • Intel Corporation (NASDAQ: INTC), adding 1.95%.
    • Nike Inc (NYSE: NKE), up by 1.93%.

Sector Movement:

  • Gainers:
    • Moderna Inc (NASDAQ: MRNA) surged by 8.69%.
    • Paramount Global Class B (NASDAQ: PARA) saw a 6.31% increase.
    • Albemarle Corp (NYSE: ALB) gained 5.43%.
  • Losers:
    • EQT Corporation (NYSE: EQT) declined by 7.78%.
    • Meta Platforms Inc (NASDAQ: META) fell by 4.42%.
    • Advanced Micro Devices Inc (NASDAQ: AMD) dropped 4.34%.

NASDAQ Composite: A Slight Decline

  • The NASDAQ Composite index experienced a decline of 0.41%.

Commodities and Currency:

  • Gold Futures for April delivery rose slightly by 0.13%.
  • Crude oil for delivery in April increased by 0.13%.
  • The EUR/USD exchange rate remained unchanged.
  • The US Dollar Index Futures showed a slight uptick.

In summary, the U.S. stock market exhibited mixed sentiments, with the Dow Jones inching upward while the NASDAQ Composite faced a slight decline. Investors continue to monitor sector-specific movements and global economic indicators.


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