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Wall Street Braces as Tech Rout Deepens

US markets looked set for another turbulent session as futures for the S&P 500 and Nasdaq pointed lower, signaling continued pressure on the tech sector. A wave of selling has swept through major technology names this week, and Thursday’s pre‑market action suggested the downturn isn’t over yet. Alphabet remained a major drag after its sharp slide, with investors reacting to concerns about rising AI‑related spending and the uncertain payoff timeline. The pullback has added to broader anxiety across the sector, where valuations have been tested by shifting expectations around growth and profitability. Amazon now sits in the spotlight as traders await its upcoming earnings report. With sentiment already fragile, the company’s results could either steady the market or accelerate the sell‑off, depending on how its cloud and retail segments perform. Commodities also reflected the risk‑off mood. Silver prices tumbled, extending a recent decline and underscoring the cautious tone acros...
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The United States has yet to elect a woman president in its 248-year history


       

The United States, in its 248-year history, has yet to elect a woman president. This could change with Vice President Kamala Harris launching her 2024 presidential campaign. Harris, a 59-year-old Black and Asian-American woman, is backed by President Joe Biden, who recently withdrew from the race due to concerns about his age and health.

Harris’ campaign is already gaining momentum, with significant support from Democratic leaders and a surge in fundraising. Her strong stance on abortion rights resonates with younger voters and progressives, potentially energizing these key demographics. Despite some concerns within the party, Harris is determined to unite the Democrats and defeat Republican candidate Donald Trump in the upcoming election.

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