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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...
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Revised Account Emerges in Gaza Aid Worker Tragedy

 

The Israeli military has revised its initial account of the tragic killing of 15 emergency workers near Rafah in southern Gaza on March 23. Initially, the military claimed that soldiers fired on vehicles approaching their position "suspiciously" in the dark, without lights or markings, and identified the victims as militants from Hamas and Islamic Jihad. However, newly surfaced video footage from one of the victims' mobile phones, released by the Palestinian Red Crescent, contradicts this narrative.

The video shows emergency workers in uniforms, operating clearly marked ambulances and fire trucks with their lights on, being fired upon by soldiers. Munther Abed, the sole survivor and a paramedic with the Palestinian Red Crescent, corroborated this, stating that soldiers targeted clearly marked emergency vehicles.

An Israeli military official acknowledged that the initial report from the field was mistaken and attributed the error to the person providing the account. Investigations are ongoing, with conclusions expected to be presented to army commanders. The United Nations and the Palestinian Red Crescent have called for an independent inquiry into the incident, which has drawn international attention and condemnation.

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