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Geopolitical Tensions Rattle Wall Street as Futures Slide on Trump’s Iran Warning

  Markets tumbled Thursday morning as renewed geopolitical uncertainty sent U.S. stock futures sharply lower, with investors reacting to President Trump’s latest remarks that the war with Iran is “not yet over.”   U.S. stock futures stumbled early Thursday after President Trump’s national address failed to signal a clear end to the ongoing U.S.–Israeli conflict with Iran. Futures tied to the Dow Jones Industrial Average dropped more than 600 points , while S&P 500 futures fell 1.5% and Nasdaq 100 futures slid 2% , reflecting heightened investor anxiety.  The market’s reaction was driven largely by Trump’s assertion that the conflict is not yet resolved, despite reports that Iran’s president has approached the U.S. about a potential ceasefire. Trump emphasized that any agreement would depend on reopening the Strait of Hormuz , a critical global energy chokepoint. He also warned that U.S. forces would “hit Iran hard” before any withdrawal in the coming weeks.  ...
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Tragedy in Gaza: Airstrike Claims Lives Amid Ongoing Conflict


In a devastating turn of events, Israeli forces bombarded homes in the northern Gaza Strip, resulting in the deaths of at least 15 people. The airstrike, which targeted a building in the town of Beit Lahiya, left several others wounded and many more missing. The Palestinian Civil Emergency Service reported that rescue workers struggled to reach the site immediately due to the ongoing conflict.

The attack has further strained the already overwhelmed hospitals in the area, which are barely operational and unable to cope with the influx of wounded individuals. Residents in Jabalia, Beit Lahiya, and Beit Hanoun reported that clusters of houses were bombed, with some set ablaze. Israeli drones also dropped bombs outside a school sheltering displaced families, suggesting an attempt to scare them into leaving.

The Israeli military, which began its offensive against Hamas in Gaza following the militant group's attack on southern Israeli communities on October 7, 2023, stated that its latest operations in northern Gaza aim to prevent militants from regrouping and launching further attacks. However, the ongoing conflict has resulted in significant casualties and displacement, with Gaza officials reporting over 44,400 deaths and widespread destruction across the enclave.

Efforts to reach a ceasefire continue, with Egyptian officials hosting talks between Hamas and the rival Fatah group led by Palestinian President Mahmoud Abbas. The discussions aim to establish a committee to govern post-war Gaza, but no final agreement has been reached. Meanwhile, the humanitarian crisis in Gaza worsens, with the international community calling for urgent action to address the dire situation.

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