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Wall St Futures Slip as Geopolitical Uncertainty and Mixed Earnings Weigh on Sentiment

Wall Street futures slipped early Thursday as investors grew cautious in the absence of clear signals on the U.S.–Iran war, while a wave of mixed earnings added to the uncertainty. Iran’s seizure of two ships in the Strait of Hormuz and its demand that the U.S. lift its naval blockade have heightened geopolitical tensions, even after President Donald Trump extended the ceasefire indefinitely. The standoff continues to keep oil prices above $100 per barrel , raising concerns about a potential inflation flare‑up.  Economists warn that even if the conflict eases, the global economy may take time to normalize after one of the largest oil supply disruptions in decades.  As of early morning trading, Dow E‑minis were down 0.73%, S&P 500 E‑minis slipped 0.50%, and Nasdaq 100 E‑minis fell 0.48% , reflecting a broader pullback in risk appetite.  Earnings added another layer of volatility. Tesla shares fell after the company boosted its annual spending plan to more than $25...
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Israeli Tanks Advance in Rafah, Forcing Residents to Flee Again

 

In a distressing escalation of violence, Israeli tanks, backed by warplanes and drones, have penetrated deeper into the western part of the Gaza Strip city of Rafah. According to residents and Palestinian medics, eight people lost their lives in this latest incursion. The tanks moved into five neighborhoods after midnight, leaving a trail of destruction and panic among the population.

The Al-Mawasi area, further west of the coastal enclave, bore the brunt of heavy shelling and gunfire. Displaced Palestinians, who had already fled their homes due to previous Israeli strikes, sought refuge in tent camps. However, even these temporary shelters were not spared as bullets and shells rained down on them.

Despite international efforts to mediate a ceasefire, the conflict persists. Israel’s stated goal of wiping out Hamas and freeing Israeli hostages remains unmet, while Gaza continues to suffer. The Rafah crossing, the primary link for most of Gaza’s population with the outside world, lies in ruins, its buildings burnt, and Israeli tanks now positioned there.

As the situation remains dire, the world watches, hoping for an end to the violence and a path toward peace. But for now, the people of Rafah face another night of horror, caught in the crossfire of a seemingly unending conflict.

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