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Storm Leonardo Leaves One Dead and One Missing as It Batters Iberian Coast

People in boats sail through the streets after storm Leo flooded the streets of Alcacer do Sal, Portugal Storm Leonardo has unleashed powerful winds and torrential rain across Spain and Portugal, leaving one man dead and a woman missing as emergency crews race to contain the damage. Authorities in northern Portugal confirmed that a man lost his life after being swept away by rising floodwaters late Wednesday. In Spain’s Galicia region, search teams are still looking for a woman who disappeared near a swollen river as conditions rapidly deteriorated. The storm has triggered widespread flooding, power outages, and transportation disruptions across both countries. Coastal areas have been hit especially hard, with waves exceeding several meters and forcing the closure of ports and seaside roads. Meteorologists warn that Leonardo will continue to bring hazardous conditions as it moves eastward, urging residents to remain cautious and follow official safety guidance.
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Market Meltdown: Dow Plunges 900 Points Amid Recession Fears

                                                  

The U.S. stock market experienced a sharp downturn on Monday, with major indices posting significant losses as concerns over a potential recession gripped investors. The Dow Jones Industrial Average dropped nearly 900 points, marking a 2.08% decline, while the tech-heavy Nasdaq Composite suffered its worst day since 2022, falling 4%. The S&P 500 also slid 2.7%, reaching its lowest level in six months.

The sell-off was driven by growing uncertainty surrounding tariff policies and their potential impact on the economy. Comments from President Trump over the weekend, describing the current economic situation as a "period of transition," further fueled market jitters. Key technology stocks, including Tesla, Nvidia, and Alphabet, led the declines, with Tesla experiencing a 15% drop.

Investors sought refuge in defensive sectors such as utilities and consumer staples, while Treasury yields fell amid expectations of a slowdown. The market's volatility index spiked, reflecting heightened fear among traders.


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