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UN Security Council Endorses US-Led Gaza Initiative

    US President Donald Trump talks with Israel's Prime Minister Benjamin Netanyahu at the Knesset in Jerusalem The United Nations Security Council has adopted a resolution put forward by the United States in support of President Donald Trump’s plan for Gaza. The measure, which passed after intense negotiations among member states, outlines a framework aimed at stabilizing the region and addressing humanitarian concerns. The resolution emphasizes international cooperation in delivering aid, rebuilding infrastructure, and supporting security arrangements designed to prevent further escalation. While the US hailed the adoption as a diplomatic breakthrough, several council members expressed caution, noting that the plan’s long-term success will depend on the willingness of local stakeholders to engage constructively. Observers say the vote reflects both the urgency of the humanitarian crisis in Gaza and the geopolitical weight of Washington’s involvement. The coming months wil...

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Dow Set to Build on Rally as Major Week for Markets Begins

 

The Dow Jones Industrial Average is poised to continue its upward momentum as a significant week for the markets kicks off. U.S. stock futures rose on Monday, with Dow futures up approximately 0.4%, following a surge of over 650 points last week. S&P 500 futures and Nasdaq 100 futures also showed gains of 0.4% and 0.6%, respectively.

Investors are gearing up for a busy week filled with key events, including a Federal Reserve rate decision, the July nonfarm payrolls report, and earnings reports from major tech companies like Apple, Microsoft, Amazon, and Meta. The market’s recent rally was bolstered by a promising inflation reading, which has strengthened bets for future interest-rate cuts.

Despite the positive outlook, the market remains cautious after a volatile period marked by a significant tech sell-off. The Federal Reserve is expected to hold off on any rate changes at its meeting on Wednesday, with many analysts predicting that any action will be delayed until September. The upcoming jobs report on Friday is anticipated to reveal potential weaknesses in the labor market, which could influence the timing and extent of future rate cuts.

As investors await these crucial updates, over 150 members of the S&P 500 are set to release their quarterly results, starting with McDonald’s on Monday. This week promises to be a pivotal one for the markets, with potential surprises that could test the resilience of the current rally.


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