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Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....
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Stock Market Today: S&P 500 and Nasdaq Extend Winning Streak Ahead of Jackson Hole Symposium

US stocks continued their upward momentum today, with the S&P 500 and Nasdaq Composite both on track for their eighth consecutive daily gain. Investors are eagerly awaiting Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium later this week.

Key Points:

  1. S&P 500 ( ^GSPC): The broad-market index rose 0.5%, extending its longest winning streak of the year.
  2. Nasdaq Composite ( ^IXIC): The tech-heavy index increased more than 0.5%, also aiming for an eighth consecutive session win.
  3. Dow Jones Industrial Average ( ^DJI): The Dow gained over 200 points, mirroring the positive sentiment.

Last week’s strong rally helped recover losses from an early August sell-off, as encouraging inflation and consumer spending data eased recession concerns. Confidence in a “soft landing” for the economy has grown, leading investors to focus on the magnitude of potential rate cuts by the Fed in September.

Keep an eye on Powell’s speech and the upcoming Democratic National Convention for further market insights.


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