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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 Faces Criticism Over Humanitarian Aid Shortfalls in Gaza

 

International aid organizations have reported that Israel has not met the U.S. demands to improve the humanitarian situation in Gaza. Despite a 30-day deadline set by the Biden administration, which included requirements such as allowing a minimum of 350 truckloads of goods into Gaza daily and opening an additional crossing, Israel has fallen short.

The U.S. had warned that failure to comply could lead to a reduction in military support. However, Israeli officials have downplayed the urgency of the deadline, expressing confidence that the issues will be resolved. Aid groups, including the Norwegian Refugee Council and Save the Children, have highlighted that the humanitarian conditions in Gaza are now worse than at any point in the 13-month conflict.

The situation remains critical, with international pressure mounting on Israel to take more substantial actions to alleviate the suffering of civilians in Gaza.


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