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Ukraine Deploys Elite Forces to Defend Strategic Hub of Pokrovsk

  FILE PHOTO: Ukrainian service members of the 33rd Separate Mechanised Brigade practice firing an anti-tank guided missile weapon system MILAN as they attend a military drill near a frontline, amid Russia's attack on Ukraine, in Donetsk region, Ukraine June 13, 2024. Ukraine has launched a daring operation to reinforce its defenses in the embattled eastern city of Pokrovsk , deploying special forces by helicopter earlier this week, according to Ukrainian military sources. The move comes as Russian forces intensify their push into Donetsk, with Moscow claiming to have surrounded Ukrainian troops in the area. Pokrovsk, a vital road and rail hub , has become a focal point of the conflict, as its capture could open the way for deeper Russian advances into the Donbas region. A video circulating online appears to show at least 10 Ukrainian servicemen disembarking from a Black Hawk helicopter in an open field near the contested city. The operation was reportedly overseen by Kyrylo B...
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Market Rebound Expected as Amazon’s Earnings Boost Investor Sentiment

 

The stock market is showing signs of recovery today, with futures on the Nasdaq 100 and S&P 500 rising by 0.5% and 0.4%, respectively. This positive movement comes after a challenging period marked by significant losses following earnings reports from major tech companies like Meta and Microsoft.

Amazon’s strong earnings report has been a key driver of this rebound. The company’s shares surged over 6% in premarket trading after CEO Andy Jassy highlighted impressive growth in their cloud unit’s AI business. Intel also contributed to the positive sentiment with an earnings beat and optimistic outlook, further boosting investor confidence.

However, the market’s trajectory could be influenced by the upcoming jobs report, which is expected to show a slowdown in nonfarm payroll growth. This report is crucial as it will provide insights into the labor market and potentially impact Federal Reserve policy decisions.

In addition to the tech sector’s performance, other factors such as rising oil prices and geopolitical tensions in the Middle East are also playing a role in shaping market dynamics.

Investors will be closely watching the jobs report and other economic indicators to gauge the market’s direction in the coming days.



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