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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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Emergency Crews Recover Bodies in Gaza City Amid Ongoing Negotiations in Egypt

 

In the heart-wrenching aftermath of a two-week offensive, emergency crews in Gaza City are tirelessly recovering bodies from the rubble. Dozens of corpses, including entire families, have been found in the Tel al-Hawa neighborhood. The devastation is immense, with homes destroyed and lives lost due to artillery fire and aerial bombardment. Civil defense workers, undeterred by the grim conditions, continue their efforts.

Hospital director Fadel Naem of Al-Ahli Hospital reported that both the deceased and wounded have been brought in from Tel al-Hawa. The hospital resumed operations after evacuations earlier in the week due to the intense fighting. However, some homes remain inaccessible, and the bodies found are often decomposing or partially mauled by dogs.

The situation mirrors that of another Gaza City neighborhood, Shuja’iyyah, where additional bodies were discovered under similar circumstances. Despite evacuation orders, an estimated 300,000 Palestinians still remain in northern Gaza, facing hunger and cramped conditions in tent camps.

Meanwhile, in Cairo, mediators persistently work to bridge gaps between Israel and Hamas, seeking a proposal deal that includes a ceasefire and hostage release in Gaza. The urgency of these negotiations cannot be overstated, as lives hang in the balance amidst the ongoing conflict.


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