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Wall Street Eyes Weekly Gain as Peace Hopes Lift Futures

  Wall Street Poised for Weekly Gain as Futures Climb on Middle East Peace Hopes Wall Street looked set to close the week on a positive note as U.S. equity futures climbed Friday, supported by renewed optimism that diplomatic progress in the Middle East could ease geopolitical tensions. Investors have been highly sensitive to any signs of de‑escalation, and this week’s developments helped unwind some of the risk premiums that had weighed on global markets. Oil prices, which surged earlier in the month on fears of supply disruptions, pulled back again as ceasefire discussions gained traction. Lower energy costs have helped cool inflation expectations, giving markets a bit more breathing room after a volatile stretch. Major U.S. indexes are now on track for a weekly gain, with tech and consumer stocks leading the rebound. Still, analysts caution that sentiment remains fragile: any setback in negotiations could quickly revive market turbulence. For Canadian investors, easing oil v...
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Escalation in Gaza: Israeli Strikes Kill 40, Tanks Advance in the North

 

The conflict in Gaza has intensified as Israeli military strikes have killed at least 40 Palestinians across the Gaza Strip. The Israeli forces have tightened their grip around Jabalia in the north, engaging in fierce battles with Hamas-led fighters.

The escalation comes amid a broader offensive that has seen Israeli tanks advancing into northern Gaza, including the towns of Beit Lahiya and Beit Hanoun. The Israeli military’s stated aim is to eliminate Hamas fighters regrouping in these areas.

Palestinian health officials reported multiple casualties from Israeli airstrikes, including 11 people near Al-Falouja in Jabalia and 10 others in Bani Suhaila in eastern Khan Younis. Additional strikes destroyed homes in Gaza City and the Nuseirat camp, resulting in further loss of life.

The United Nations has expressed concern over the humanitarian impact, noting that the Israeli military appears to be cutting off northern Gaza from the rest of the enclave. This has raised fears of a potential forced displacement of residents, a claim Israel denies.

As the conflict continues, the international community watches closely, urging both sides to prioritize the safety and well-being of civilians caught in the crossfire.


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