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Choking Capital: Delhi’s Toxic Smog Crisis Grounds Flights and Strains Health Systems

                              People walk in a smog-covered morning in New Delhi, India, Monday, Dec. 15, 2025. Dense toxic smog has engulfed New Delhi, reducing visibility, halting travel, and plunging the city’s Air Quality Index (AQI) to an alarming 471 , far above the hazardous threshold of 300. The blanket of pollution has led to over 40 flight cancellations and dozens of delays , while more than 50 trains were held up for hours , leaving thousands of commuters stranded. Authorities have imposed emergency pollution-control measures , including a ban on older diesel vehicles, suspension of construction activities, and hybrid schooling for children. Courts have even advised virtual hearings to minimize exposure. Hospitals across the capital are reporting a surge in patients suffering from breathing difficulties, eye irritation, and aggravated asthma conditions . Physicians...
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S&P 500 and Nasdaq Futures Steady Near Record Highs

US stock futures are holding near record-high levels as Wall Street remains bullish. Here are the key highlights:

  1. Tech-Fueled Rally Continues:

    • The S&P 500 and Nasdaq have been on a tear, driven by a tech-fueled rally.
    • Evercore ISI raised its year-end price target for the S&P 500 to 6,000, while Goldman Sachs increased its target to 5,600.
    • Last week, the S&P 500 crossed the 5,400 level for the first time.

  2. Market Catalysts:

    • After last week’s double dose of inflation reports and the Federal Reserve meeting, fewer catalysts are expected this week.
    • Wednesday’s retail sales report will provide insight into the health of the US consumer.
    • Fed policymakers may continue discussing rate cuts; Minneapolis Fed President Neel Kashkari hinted at a possible December rate cut.

  3. Nasdaq’s “Perfect” Week:

    • The Nasdaq Composite achieved a fifth-straight record close last Friday.
    • Futures tied to the Nasdaq gained around 0.1%.

  4. Dow Jones Industrial Average:

    • Dow futures lost about 0.2%.

In summary, Wall Street remains optimistic, but investors are closely watching economic data and Fed decisions. Stay tuned for further updates!


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