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Tech Jitters and Fed Uncertainty Weigh on Markets

U.S. stocks slipped as a pivotal week began, with investors bracing for a wave of Big Tech earnings and the Federal Reserve’s upcoming policy decision. The Dow, S&P 500, and Nasdaq all edged lower, reflecting a cautious mood across markets. The pullback follows a choppy stretch for equities, as major indexes have struggled to regain momentum amid shifting expectations for interest‑rate cuts and ongoing geopolitical concerns. Tech stocks, in particular, have been under pressure after consecutive weekly declines, raising the stakes for earnings reports from industry giants. Apple, Microsoft, Meta, and Tesla are all set to report in the coming days, and their results could determine whether the sector reclaims leadership or continues to drag on broader market performance. With the Fed meeting approaching, traders are looking for clarity on the central bank’s rate‑cut timeline. Until then, many appear content to stay on the sidelines as uncertainty hangs over the week ahead.
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Judge Criticizes Trump Administration Over Venezuela Deportations

A U.S. federal judge has sharply criticized the Trump administration for its handling of deportations involving Venezuelan migrants. The administration's response to a judicial request for detailed information on deportation flights was deemed "woefully insufficient." This comes amid allegations that the administration may have violated a court order temporarily blocking the deportations.

The controversy centers on the use of the Alien Enemies Act of 1798, which the administration invoked to expedite the removal of alleged gang members. Critics, including the American Civil Liberties Union, argue that the law is being misapplied, as it historically pertains to wartime scenarios. The judge has demanded further clarification on the timing and details of the flights, raising concerns about potential constitutional violations if the administration defies judicial decisions.

This case highlights the ongoing tension between the executive and judicial branches, as well as the broader implications for immigration policy and the rule of law. The administration has until next week to provide additional explanations, as the legal battle continues to unfold.

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