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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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Escalation in Gaza: Israeli Strikes Intensify Amid Trump’s Middle East Visit

Israeli military strikes have killed scores of Palestinians across Gaza, marking a significant escalation in the ongoing conflict. The bombardment comes as former U.S. President Donald Trump continues his visit to the Middle East, raising hopes among some Palestinians that diplomatic pressure could lead to a de-escalation.  

Local health authorities report that the airstrikes targeted residential areas, resulting in numerous casualties, including women and children. The Israeli military has yet to comment on the latest attacks, though reports suggest that Hamas military leader Mohammad Sinwar may have been among those targeted.  

Meanwhile, efforts to broker a ceasefire remain stalled, with both Hamas and Israel blaming each other for the lack of progress. Trump’s visit has added a new dimension to the crisis, as he meets with regional leaders and discusses potential solutions.  

The humanitarian situation in Gaza continues to deteriorate, with aid groups warning of famine and widespread displacement. As the violence intensifies, the international community faces mounting pressure to intervene and push for a resolution to the conflict.

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