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Tech Giants Lift Markets as Investors Brace for Fed Decision

Both the S&P 500 and the Nasdaq hit their highest levels in more than a week on Monday. Wall Street finished the day on a strong note, with major U.S. indexes advancing as investors positioned themselves for a pivotal week of corporate earnings and a closely watched Federal Reserve meeting. Market Momentum The S&P 500 and Nasdaq extended their recent winning streak, marking their longest run of gains in weeks. Confidence was fueled largely by heavyweight technology stocks, which continued to attract buyers ahead of their upcoming earnings reports. What’s Driving the Optimism Companies such as Apple, Microsoft, Alphabet, Broadcom, and Meta helped propel the market higher. Their performance has been central to the broader rally, especially as enthusiasm around artificial intelligence remains a dominant theme in tech valuations. Eyes on Earnings and the Fed Investors are now turning their attention to earnings guidance from these major firms, which could determine whether t...

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Escalation in Gaza Amid Legal and Political Turmoil in Israel

 


Israel's Defense Minister, Israel Katz, has ordered ground forces to advance deeper into the Gaza Strip, intensifying military operations. This move comes as part of efforts to pressure Hamas into releasing hostages. Israeli troops have reportedly retaken strategic areas, including the Netzarim corridor, and are advancing toward key locations such as Beit Lahiya and Rafah. The military has also reinstated a blockade on northern Gaza, further escalating tensions.

Meanwhile, Israel's Supreme Court has temporarily halted Prime Minister Benjamin Netanyahu's dismissal of Shin Bet security chief Ronen Bar. The court's decision delays the firing until an appeal can be heard, highlighting a deepening power struggle within the Israeli government. Critics argue that the dismissal is a politically motivated move, while supporters of Bar have staged protests against the decision.

The dual developments underscore the complex and volatile situation in the region, with military actions in Gaza and political disputes in Israel unfolding simultaneously.

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