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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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Drone Strikes Disrupt Moscow’s Air Traffic Amid Rising Tensions

In a dramatic escalation of hostilities, Ukrainian drone attacks forced the temporary suspension of flight operations at all four international airports around Moscow. Russian authorities reported intercepting over 100 drones targeting multiple regions, including areas deep within Russian territory. 

The strikes, which marked the second consecutive night of aerial assaults on Moscow, also led to disruptions at nine additional regional airports. The timing of the attacks is particularly significant, as they come just days before Russia’s planned Victory Day celebrations, commemorating the defeat of Nazi Germany in World War II. 

Russian officials have warned of heightened security measures in the capital, including potential internet restrictions and bans on fireworks during the festivities. Meanwhile, Ukrainian forces continue to leverage advanced drone technology to counter Russia’s military advantage along the front lines. 

The latest developments underscore the ongoing volatility of the conflict, with both sides engaging in long-range strikes despite discussions of ceasefire proposals. As global leaders prepare to gather in Moscow for the anniversary events, the situation remains tense, with uncertainty surrounding the effectiveness of diplomatic efforts to de-escalate the war.

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