U.S. stocks edged lower as investors navigated a mix of rising oil prices, corporate earnings signals, and shifting expectations around Federal Reserve policy. The Dow, S&P 500, and Nasdaq all turned down after early gains, reflecting a market grappling with geopolitical tensions and inflation concerns. Indexes Pull Back All three major indexes slipped roughly between 0.3% and 0.6%, giving back some of the previous session’s momentum. The downturn followed renewed volatility in energy markets and cautious sentiment around consumer spending. Oil Prices Add Fresh Pressure Crude prices extended their sharp rally, driven by heightened worries over a potential U.S.–Iran conflict. Brent crude climbed above $71 per barrel, while West Texas Intermediate hovered near $66 — its biggest daily jump since October. Rising energy costs revived inflation concerns and weighed on equities. Walmart Earnings in Focus Walmart posted stronger‑than‑expected results, but its cautious pro...
Renewed Conflict in Gaza: Over 85 Lives Lost in Israeli Strikes
In a tragic escalation of violence, Israeli airstrikes across Gaza have claimed the lives of at least 85 Palestinians, according to local health authorities. The strikes targeted multiple homes, leaving behind devastation and grief. This renewed assault follows the breakdown of a ceasefire that had provided a brief respite to the region.
The strikes, which occurred overnight, have drawn widespread condemnation and raised concerns about the safety of civilians in the densely populated area. Reports indicate that many of the victims were women and children, highlighting the human cost of the ongoing conflict.
The Israeli military has stated that its operations are aimed at targeting militants, but the high civilian toll has sparked international outcry. Meanwhile, Palestinian groups have reportedly launched retaliatory attacks, further intensifying the situation.
This tragic development underscores the urgent need for renewed diplomatic efforts to bring an end to the violence and address the underlying issues fueling the conflict. The international community is closely monitoring the situation, with calls for immediate action to prevent further loss of life.
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