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Global Markets Reel as Wall Street Suffers Sharpest Fall Since Iran Conflict Began

Wall Street endured its steepest decline since the outbreak of the Iran war, as renewed uncertainty over diplomatic progress sent shockwaves through global markets. The S&P 500 plunged 1.7% , marking its worst day since January and extending a five‑week losing streak , the longest in nearly four years. The Dow Jones Industrial Average fell 469 points , while the Nasdaq dropped 2.4% , slipping more than 10% below its record high — a threshold investors label a correction .  The downturn followed conflicting signals about potential ceasefire negotiations. While U.S. officials suggested Iran was open to talks, Tehran publicly denied direct engagement and dismissed a U.S. proposal delivered via Pakistan. The resulting uncertainty pushed oil prices sharply higher , with Brent crude rising 4.8% to $101.89 , up from roughly $70 before the conflict. Global markets echoed the volatility, with major indexes across Asia and Europe also tumbling. Analysts warn that Iran’s tightening con...
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Tragedy in Gaza: Airstrike Claims Lives of 29 Civilians

An Israeli airstrike on a residential building in Gaza City's Shejaia neighborhood has resulted in the deaths of at least 29 Palestinians, including children. The attack targeted a multi-story building, leaving dozens injured and many still trapped under the rubble. The Israeli military stated that the strike aimed at a senior Hamas militant responsible for planning attacks, emphasizing efforts to minimize civilian harm. However, the devastation has sparked widespread condemnation, with local health authorities describing the incident as a "horrific massacre". This tragedy adds to the escalating toll of the ongoing conflict, which has displaced hundreds of thousands and claimed thousands of lives.

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