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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...
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Aid Stalled in Gaza: UN Reports No Distribution Despite Entry

The United Nations has reported that humanitarian aid that entered Gaza this week has yet to reach Palestinians in need. Despite Israel allowing dozens of aid trucks into the region after months of blockade, logistical and security challenges have prevented the supplies from being distributed.

UN officials stated that while aid trucks have crossed into Gaza, they remain stuck at the Kerem Shalom crossing due to restrictions imposed by the Israeli military. Aid workers have been unable to transport the supplies to distribution points, leaving thousands of Palestinians without essential food, medicine, and other necessities.

The humanitarian crisis in Gaza continues to escalate, with reports of severe malnutrition and starvation among the population. UN humanitarian chief Tom Fletcher warned that thousands of babies could die within days if aid does not reach them soon. International pressure on Israel has intensified, with countries such as the UK suspending trade negotiations in response to the worsening situation.

Efforts are ongoing to find alternative routes for aid distribution, but uncertainty remains over whether the supplies will reach those in need. As the crisis deepens, humanitarian organizations urge immediate action to prevent further suffering.

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