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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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Your daily horoscope: June 29, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Although Saturn is strong on your birthday this year you must stay positive in your outlook, especially where one-to-one relationships are concerned. For every setback you encounter there will be several opportunities to strengthen important bonds of friendship and love.

ARIES (March 21 - April 20):

Family matters will go well this weekend as your ruling planet Mars links nicely with Venus in the domestic area of your chart. Don’t skimp on telling loved ones how much you adore them – the more open you are about your feelings the more they will adore you too.

TAURUS (April 21 - May 21):

Trust your instincts this weekend and don’t listen to those who claim to know more about certain subjects than you. Even if they do know more they don’t possess your knack for joining the dots and seeing the bigger picture – and it’s quite a sight!

GEMINI (May 22 - June 21):

The more sacrifices you have made in recent weeks the more entitled you will feel to bend the rules a bit now. Just be careful you don’t go too far and exceed the amount of goodwill you have managed to build up. There are limits.

CANCER (June 22 - July 23):

Venus, planet of harmony, is not only moving through your birth sign but links up with Mars, planet of energy, this weekend. At the very least that means your love life will improve dramatically over the next few days. Seems you are flavor of the month again!

LEO (July 24 - Aug. 23):

You may doubt that a colleague knows what they are doing but you have no option now but to sign up to their plans and hope they don’t lead you astray. The simple fact is your fate is in their hands, so help them make those plans work.

VIRGO (Aug. 24 - Sept. 23):

Venus in the area of your chart that governs group activities will encourage you to get together with friends old and new and enjoy your share of fun and games. This is one of those rare occasions when the serious stuff can be given a miss.

LIBRA (Sept. 24 - Oct. 23):

Your ruling planet Venus is not only moving through the career area of your chart at the moment but joins forces this weekend with Mars, planet of ambition. What does that mean in plain and simple language? It means you can’t lose, so go for it!

SCORPIO (Oct. 24 - Nov. 22):

Focus on what is good in your life and put everything else out of your mind. This is one of the best weekends of the year for spending quality time with partners and loved ones, so give work a miss and do some fun things together.

SAGITTARIUS (Nov. 23 - Dec. 21):

The more a rival casts doubts on your plans the more you can be certain they are good plans. The reason they are so insistent that you change course is because they know that your efforts are going to make their own efforts look puny.

CAPRICORN (Dec. 22 - Jan. 20):

You may not have seen eye-to-eye with a loved one of late but today’s Venus-Mars link will bring you together again so you can resolve your differences and move ahead in unison. You are both good alone but you are great as a team.

AQUARIUS (Jan. 21 - Feb. 19):

This may be a busy time for you on the work front but you must still make time for family members. If they get the impression that you care more about your career than you do about them both your personal life and your professional status could suffer.

PISCES (Feb. 20 - Mar. 20):

If there is someone in your life that you have been worshipping from afar now is the time to make your true feelings known. This weekend’s Venus-Mars link will make it easy for you to woo them and win them. It could be true love!

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