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Trade Tensions Rattle Wall Street’s Momentum

After an impressive streak of gains that pushed major U.S. indices to record highs, the stock market faced a sharp reversal as renewed trade tensions triggered investor anxiety. The Dow Jones Industrial Average, S&P 500, and Nasdaq all pulled back in Friday’s session, with financials and industrials leading the retreat. Concerns were reignited after new tariffs targeting tech and manufacturing imports between the U.S. and China surfaced, prompting fears of escalating economic friction. These measures, aimed at protecting domestic industries, were met with criticism from global partners and stoked uncertainty about the broader trade landscape. Analysts note that while earnings remain strong and economic indicators are still resilient, the shadow of protectionism looms large. Investor sentiment, which had been buoyed by dovish monetary policy and solid corporate results, now finds itself caught in geopolitical crosswinds. Many traders are now recalibrating their expectations heading ...

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Hezbollah Supports Ceasefire Efforts in Lebanon, Deputy Leader Says

 


In a recent statement, Hezbollah’s deputy leader, Naim Qassem, expressed the group’s support for ongoing efforts to establish a ceasefire in Lebanon. This comes after two weeks of intense Israeli airstrikes that have resulted in significant casualties and destruction.

Qassem highlighted the political efforts led by Lebanese Parliament Speaker Nabih Berri, emphasizing Hezbollah’s backing of these initiatives. He noted that while the group remains resilient and capable despite the heavy bombardment, a ceasefire is crucial for moving forward.

The deputy leader’s comments mark a significant moment in the conflict, as Hezbollah continues to engage in cross-border clashes with Israel. The group’s support for a ceasefire could pave the way for diplomatic resolutions and a reduction in hostilities.





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