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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...

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Hostages Set for Release: A Mix of Hope and Fear in Israel


The anticipated release of three high-profile male hostages has ignited a wave of excitement and anxiety across Israel. Yarden Bibas, Keith Siegel, and Ofer Kalderon, who have become household names since their abduction, are expected to be freed on Saturday. This release is part of the ongoing ceasefire agreement between Israel and Hamas, which has already seen the return of several hostages.

The families of the hostages are experiencing a mix of emotions. While there is joy and relief at the news, there is also deep concern for those still held captive, including the Bibas family's young children. Activists have been holding silent protests, calling for the release of all hostages, dead or alive.

As the nation awaits the release, the hope for a peaceful resolution remains strong, but the memories of the tragic events that led to this situation are still fresh.



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