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...
UK Police Prepare for More Far-Right Unrest After Another Night of Riots
Police across the United Kingdom are gearing up for further violence this weekend following another night of rioting by far-right protesters. The latest unrest saw three officers hospitalized after a tense stand-off outside a mosque in northeast England.
The city of Sunderland has been particularly affected, with far-right demonstrators rampaging through the streets, setting cars and buildings on fire. The protests were sparked by misinformation surrounding a mass stabbing that resulted in the deaths of three young girls. False rumors about the attacker’s identity, linking him to the Muslim and immigrant communities, have fueled the anger of far-right supporters.
In response, police have increased their presence and are preparing for more than 20 protests expected over the weekend in cities including Belfast, Cardiff, Liverpool, and Manchester. Authorities are also deploying surveillance and facial recognition technology to manage the situation.
The Muslim Council of Britain has expressed concerns about the safety of Islamic places of worship, prompting many mosques to strengthen their security measures. Counter-protests are also anticipated, with organizations like Stand Up To Racism rallying against Islamophobia and the far-right.
Prime Minister Keir Starmer has announced the formation of a national policing unit to crack down on violent protesters, emphasizing that those involved in the disorder will face severe consequences.
As tensions remain high, the UK braces for a challenging weekend ahead.
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