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Wall Street Stumbles as December Opens with Tech Selloff and Bitcoin Slide

The first trading day of December brought a sharp reversal for markets, as U.S. stock futures fell across the board while Bitcoin extended its decline . After a strong rebound in late November, investors shifted into a risk-off mood, pulling back from equities and cryptocurrencies. Dow Jones futures slipped 0.5% , erasing part of last week’s gains. S&P 500 futures dropped about 0.7% , while Nasdaq 100 futures fell nearly 1% , led by weakness in technology stocks. The so-called “Magnificent Seven” megacap stocks—Nvidia, Meta, and Tesla among them—each fell more than 1% , underscoring the retreat in tech leadership. Meanwhile, Bitcoin plunged below $85,000 , continuing a weeks-long slide before bouncing slightly above that level. The downturn comes after equities posted their strongest week since June, with the S&P 500 surging 3.7% and the Nasdaq jumping nearly 5% in late November. Historically, December is one of the market’s friendliest months, often buoyed by the “Sant...
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"Fragile Ceasefire Shaken: Israeli Airstrike Claims Nine Lives in Gaza

In a tragic escalation of violence, an Israeli airstrike in the northern Gaza town of Beit Lahiya has claimed the lives of at least nine Palestinians, including two local journalists. The strike, which targeted a vehicle, left several others critically injured, according to Gaza's health ministry.

The incident underscores the fragility of the ceasefire agreement established earlier this year. Palestinian health officials report that dozens have been killed despite the truce, raising concerns about its sustainability. The airstrike coincided with ongoing ceasefire negotiations in Cairo, where Hamas leaders are seeking a resolution to the conflict.

The Israeli military has yet to comment on the incident, while Hamas has accused Israel of undermining the ceasefire. This latest development adds to the mounting tension in the region, with both sides facing international pressure to find a lasting solution.

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