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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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Israel Bombards Central Beirut Ahead of Ceasefire Vote with Hezbollah

 

Israeli warplanes struck central Beirut and the city's southern suburbs on Tuesday, raising plumes of smoke over the Lebanese capital. This escalation comes as Israel's security cabinet prepares to vote on a U.S.-brokered ceasefire proposal aimed at ending more than a year of fighting with Hezbollah.

The proposed ceasefire deal calls for a two-month initial halt in fighting and requires Hezbollah to end its armed presence in a broad swath of southern Lebanon. In return, Israeli troops would withdraw to their side of the border. Thousands of Lebanese troops and U.N. peacekeepers would deploy in the south, with an international panel headed by the United States monitoring compliance.

Despite the diplomatic efforts, Israeli jets targeted at least six buildings in Beirut's southern suburbs, including areas near the country's only airport. The strikes are part of Israel's ongoing campaign to cripple Hezbollah's military capabilities.

Israeli Defense Minister Israel Katz emphasized that the military would act with "great force" if the U.N. peacekeeping force, known as UNIFIL, fails to enforce the ceasefire effectively. The European Union's top diplomat, Josep Borrell, stated that Israel's security concerns had been addressed in the U.S.-French-brokered deal.

The outcome of the cabinet vote could significantly impact regional stability, with hopes that the ceasefire will bring an end to the conflict and reduce tensions between Israel and Hezbollah.


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