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Israeli Strikes Level Gaza City Towers Amid Mass Evacuations

  Smoke and flames rise after an Israeli military strike on a building in Gaza City, Friday, Sept. 12, 2025. Israeli forces have destroyed multiple high-rise buildings in Gaza City following evacuation warnings to residents, as the military intensifies its campaign to seize control of the area. The Israel Defense Forces (IDF) confirmed striking three towers on Sunday — including the Kawthar Tower, Mahna Tower, and a building on the Islamic University campus — which it said were being used by Hamas for surveillance and operational planning. The demolitions come days after the IDF ordered the entire population of Gaza City to evacuate ahead of a planned ground offensive. Israeli officials estimate that more than 300,000 Palestinians have fled so far, though hundreds of thousands remain. The United Nations and aid agencies warn that the displacement of such large numbers will worsen an already dire humanitarian crisis, with overcrowding and shortages reported in southern Gaza. Loca...

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Market Rebound Amid Weekly Losses

                                         

U.S. stock futures showed signs of recovery on Friday after a challenging week marked by steep losses. Futures tied to the S&P 500 rose by approximately 0.9%, while the tech-heavy Nasdaq 100 saw a 1.1% increase. The Dow Jones Industrial Average futures also climbed by 0.6%.

This rebound comes after the S&P 500 entered correction territory, joining the Nasdaq Composite in a sharp downturn. The week has been turbulent, with markets reacting to uncertainties surrounding trade policies and economic data. However, optimism grew as political developments suggested a reduced risk of a government shutdown.

Despite the day's positive momentum, all three major indexes are on track for significant weekly losses, reflecting the broader challenges faced by the market. Investors remain cautious as they await further economic indicators and policy updates.

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