Skip to main content

Featured

scalating Violence: Israeli Strikes Kill Dozens in Lebanon and Gaza

  Palestinian children amid the rubble of destroyed buildings, during a ceasefire between Israel and Hamas, in Jabalia, northern Gaza Strip. Israeli air strikes have intensified across Lebanon and Gaza, leaving dozens dead and further destabilizing fragile ceasefires in the region. In southern Lebanon , an Israeli drone strike on the Ein el-Hilweh Palestinian refugee camp near Sidon killed at least 13 people and wounded several others. The attack targeted a car parked near a mosque, with Lebanese officials reporting that ambulances rushed victims to nearby hospitals. Hours later, another strike in the village of Tiri killed one person and injured 11, including students aboard a bus. Meanwhile, in Gaza , hospitals reported at least 25 Palestinians killed in multiple strikes across Gaza City, Khan Younis, and Rafah. Medics confirmed that casualties included families caught in residential areas, underscoring the human toll of the renewed bombardments. Israel’s military claimed...
Post a Comment
Read more

article

Labels

Market Turmoil: S&P 500 Enters Correction Amid Escalating Trade War

                                                   

The stock market faced a sharp downturn on Thursday, with the S&P 500 officially entering correction territory. The index fell 1.4%, marking a 10% decline from its recent high. The Dow Jones Industrial Average dropped 1.3%, while the tech-heavy Nasdaq plummeted nearly 2%.

This market turbulence comes as trade tensions escalate. The European Union's retaliatory tariffs on U.S. goods, including a 50% tax on American whiskey, prompted the U.S. administration to threaten a 200% tariff on European wines and spirits. These developments have left investors on edge, fearing the economic repercussions of a prolonged trade war.

Adding to the uncertainty, debates over a stop-gap spending bill to prevent a government shutdown have further rattled market sentiment. Despite cooler-than-expected inflation data, concerns about economic stability and policy unpredictability continue to weigh heavily on Wall Street.

The correction in the S&P 500 underscores the fragility of the current market environment, as investors navigate a landscape fraught with geopolitical and economic challenges.

Labels:

Comments

Post a Comment