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Trade Tensions Rattle Wall Street’s Momentum

After an impressive streak of gains that pushed major U.S. indices to record highs, the stock market faced a sharp reversal as renewed trade tensions triggered investor anxiety. The Dow Jones Industrial Average, S&P 500, and Nasdaq all pulled back in Friday’s session, with financials and industrials leading the retreat. Concerns were reignited after new tariffs targeting tech and manufacturing imports between the U.S. and China surfaced, prompting fears of escalating economic friction. These measures, aimed at protecting domestic industries, were met with criticism from global partners and stoked uncertainty about the broader trade landscape. Analysts note that while earnings remain strong and economic indicators are still resilient, the shadow of protectionism looms large. Investor sentiment, which had been buoyed by dovish monetary policy and solid corporate results, now finds itself caught in geopolitical crosswinds. Many traders are now recalibrating their expectations heading ...
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Israel Intensifies Strikes across Gaza, Orders New Evacuations in North

 


Israeli strikes have intensified across Gaza on Tuesday, with some of the heaviest shelling in weeks, according to residents. The army has ordered fresh evacuations in the north of the strip, warning civilians that they are in a “dangerous combat zone” . The situation remains tense as air strikes and shelling continue in central and southern areas. Here are the key points:

  1. Intensified Attacks: Israeli forces have escalated their attacks, using both air strikes and tank shelling. Residents report almost non-stop bombardments in various areas of Gaza.

  2. Evacuation Orders: The Israeli army has urged residents in four zones near Beit Lahiya (on Gaza’s northern edge) to move to designated shelter areas. The military emphasizes its intention to act with “extreme force against terrorist infrastructure and subversive elements” in the region.

  3. Failed Ceasefire Efforts: Despite previous announcements of troop withdrawal from certain areas, efforts to reach a ceasefire have failed. Displaced Gazans find it challenging to return to their abandoned homes due to ongoing Israeli bombardments.

  4. Hamas’s Response: The armed wing of Islamic Jihad, allied with Hamas, claims responsibility for rocket attacks on two southern Israeli border towns. The conflict has displaced nearly all of Gaza’s 2.3 million people, and Hamas remains steadfast in its demands for a permanent end to the war and the return of displaced individuals to the north.

  5. Ongoing Conflict: The situation remains volatile, with thick black smoke rising in northern Gaza. Shelling continues in various areas, affecting schools and causing panic among displaced residents.

As the conflict persists, the region faces immense challenges in achieving peace and stability.

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