U.S. stocks edged lower as investors navigated a mix of rising oil prices, corporate earnings signals, and shifting expectations around Federal Reserve policy. The Dow, S&P 500, and Nasdaq all turned down after early gains, reflecting a market grappling with geopolitical tensions and inflation concerns. Indexes Pull Back All three major indexes slipped roughly between 0.3% and 0.6%, giving back some of the previous session’s momentum. The downturn followed renewed volatility in energy markets and cautious sentiment around consumer spending. Oil Prices Add Fresh Pressure Crude prices extended their sharp rally, driven by heightened worries over a potential U.S.–Iran conflict. Brent crude climbed above $71 per barrel, while West Texas Intermediate hovered near $66 — its biggest daily jump since October. Rising energy costs revived inflation concerns and weighed on equities. Walmart Earnings in Focus Walmart posted stronger‑than‑expected results, but its cautious pro...
Yemen’s Houthis Target Ships Linked to US, UK, and Israel
In a series of military operations, Yemen’s Houthi group targeted four ships across different seas, claiming they were linked to the United States, the United Kingdom, and Israel. Here are the details:
Israeli Ship MSC Unific: The first operation took place in the Arabian Sea, where the Houthi forces targeted the Israeli cargo ship MSC Unific.
U.S. Oil Tanker Delonix: In a second operation, the Houthi forces struck the U.S. oil tanker Delonix, which was sailing in the Red Sea.
U.K. Landing Ship Anvil Point: The third operation occurred in the Indian Ocean, where the Houthi forces targeted the U.K. landing ship Anvil Point.
Mediterranean Sea Incident: The fourth operation involved a ship identified as the “Lucky Sailor” in the Mediterranean Sea.
Yemen’s Iran-aligned Houthi group has been launching drone and missile strikes in shipping lanes since November, expressing solidarity with Palestinians in Gaza. However, Reuters has not independently verified these claims.
These attacks highlight the ongoing tensions in the region and the geopolitical implications surrounding maritime security. The situation remains fluid, and international authorities are closely monitoring developments.
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