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Tech Jitters and Fed Uncertainty Weigh on Markets

U.S. stocks slipped as a pivotal week began, with investors bracing for a wave of Big Tech earnings and the Federal Reserve’s upcoming policy decision. The Dow, S&P 500, and Nasdaq all edged lower, reflecting a cautious mood across markets. The pullback follows a choppy stretch for equities, as major indexes have struggled to regain momentum amid shifting expectations for interest‑rate cuts and ongoing geopolitical concerns. Tech stocks, in particular, have been under pressure after consecutive weekly declines, raising the stakes for earnings reports from industry giants. Apple, Microsoft, Meta, and Tesla are all set to report in the coming days, and their results could determine whether the sector reclaims leadership or continues to drag on broader market performance. With the Fed meeting approaching, traders are looking for clarity on the central bank’s rate‑cut timeline. Until then, many appear content to stay on the sidelines as uncertainty hangs over the week ahead.
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Escalating Protests in Bangladesh Result in Over 20 Deaths and Hundreds Injured

 

The unrest started in July when students called for an end to a quota system that reserved 30% of government jobs for relatives of veterans. The situation escalated into widespread violence, prompting authorities to close schools and universities, block internet access, and impose a shoot-on-sight curfew. Despite these measures, the protests have continued, with demonstrators urging non-cooperation by not paying taxes or utility bills and not showing up for work.

In Dhaka, the capital city, protesters attacked Bangabandhu Sheikh Mujib Medical University, torching several vehicles. Police responded with tear gas to disperse crowds blocking major highways. The violence has spread to multiple districts, with reports of crude bombs being detonated and gunshots heard.

The ongoing clashes have resulted in significant casualties and widespread disruption, highlighting the deepening political crisis in Bangladesh.


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