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Wall Street Stays Resilient as Nasdaq Hits Record Amid Tariff Turbulence

  Markets defy trade jitters with mixed performance Wall Street wrapped up the week with a show of resilience, as the Nasdaq Composite edged to a fresh record close , buoyed by strong tech earnings and steady economic data. The S&P 500 posted a modest weekly gain , while the Dow Jones Industrial Average slipped 0.3% , reflecting investor caution amid escalating tariff tensions. Despite President Trump’s push for 15% to 20% blanket tariffs on European Union imports , markets largely shrugged off the geopolitical noise. Economic indicators, including a sharp drop in inflation expectations from the University of Michigan’s consumer sentiment survey, helped soothe investor nerves. Netflix’s earnings beat failed to impress, dragging its stock lower, while American Express posted strong results , signaling continued spending strength among affluent consumers. Meanwhile, CRISPR Therapeutics surged 17% after a major insider stock purchase, and Bitcoin briefly topped $118,000 befor...
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Stalemate in Gaza Negotiations: Hopes for Ceasefire Dim


Efforts to restore peace in Gaza have hit another roadblock, as the latest round of talks in Cairo concluded without any significant progress. Egyptian and Palestinian sources revealed that Hamas remains firm in its stance, demanding that any agreement must lead to an end to the ongoing conflict. Meanwhile, Israel has reiterated its position that the war will continue until Hamas is completely dismantled.

Despite the impasse, there were glimpses of potential compromise. Hamas reportedly showed some flexibility regarding the number of hostages it might release in exchange for Palestinian prisoners held by Israel. However, the militant group has requested guarantees that Israel will engage in discussions for the next phase of the ceasefire agreement, which aims to end the war.

The situation in Gaza remains dire, with intensified Israeli airstrikes causing widespread devastation. Civilians are bearing the brunt of the conflict, as rescue workers struggle to recover bodies from the rubble of destroyed buildings. The humanitarian crisis continues to deepen, leaving the population in desperate need of relief.

The international community watches closely, hoping for a breakthrough that could pave the way for lasting peace in the region. For now, the stalemate persists, and the path to resolution remains uncertain.

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