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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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Market Rally Amid Geopolitical Tensions

Your daily horoscope: July 31, 2024

Coordinated Sabotage Disrupts Internet Across France During Paris Olympics

Canadian Seniors to Receive Increased Old Age Benefits

Wildfires Prompt Evacuations on Greece’s Second-Largest Island

US Futures Edge Up as Investors Await Earnings and Fed Meeting

Venezuela's Voices of Dissent: Protests Intensify Amidst Election Controversy

Your daily horoscope: July 30, 2024

Israel Seeks to Avoid All-Out War Amid Lebanon Tensions

Erdogan’s Bold Threat: Turkey’s Potential Military Intervention in Israel