Skip to main content

Featured

Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.
Post a Comment
Read more

article

Labels

Heatwave Tragedies: Dutch Tourist Found Dead on Greek Island, Others Missing

 

In the scorching heat of a relentless early-summer heatwave, tragedy has struck the idyllic Greek islands. Dr. Michael Mosley’s death made headlines in the UK, but he is not alone. At least four other visitors have lost their lives recently. The heatwave, which meteorologists predict will “go down in history,” has prompted warnings for people to stay indoors between 11 am and 3 pm.

The Acropolis in Athens closed, schools and nurseries shut, and temperatures soared to a blistering 43°C in some places. Greece faces its longest recorded heatwave, lasting 16 days. Experts fear this could be a grim sign of summers to come, with the country on the frontline of global warming.

Tourists have fallen victim to the extreme conditions. On the island of Symi, Dr. Mosley was found dead after a hike in scorching heat. Meanwhile, an American tourist’s body was discovered on the small Greek island of Mathraki. And on Samos, a 74-year-old Dutch tourist vanished while hiking. His body was later found in a gorge.

Let us remember these lives lost and heed the warnings as temperatures continue to rise

Labels:

Comments

Post a Comment