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Wall Street Pauses as Tech Weakness Weighs on Futures

  U.S. stock futures were mixed as investors navigated lingering volatility following a sharp pullback in major technology names. Dow Jones futures showed a slight uptick, while S&P 500 futures hovered near flat. Nasdaq futures, however, continued to drift lower, reflecting ongoing pressure in the tech sector. The recent downturn in high‑growth technology stocks has prompted a broader shift in market sentiment, with traders rotating toward more defensive positions. Concerns about the sustainability of tech valuations and the impact of AI‑driven competition have added to the cautious mood. Attention now turns to Alphabet’s upcoming earnings report, which is expected to play a pivotal role in shaping the market’s next move. With investors eager for clarity on the company’s AI strategy and advertising performance, the results could either steady the tech landscape or deepen the current uncertainty.

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Israel Accused of Using White Phosphorus on Residential Buildings in Lebanon

 

A global human rights group has accused Israel of using white phosphorus incendiary shells on residential buildings in at least five towns and villages in conflict-hit southern Lebanon. The report, published by Human Rights Watch (HRW), raises concerns about potential harm to civilians and violations of international law.

White phosphorus is a controversial substance that can set buildings on fire and burn human flesh down to the bone. Survivors face risks of infections and organ or respiratory failure, even from small burns. While Israel maintains that it uses white phosphorus only as a smokescreen and not to target civilians, the evidence suggests otherwise.

The HRW report includes interviews with residents in conflict-hit southern Lebanon and verifies images showing white phosphorus shells landing on residential buildings. The Lebanese Health Ministry reports that at least 173 people have required medical care after exposure to white phosphorus.

This recent use of white phosphorus in Lebanon should prompt other countries to take action. HRW calls on the Lebanese government to allow the International Criminal Court to investigate and prosecute “grave international crimes” within Lebanon since October 2023.


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