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Dow Climbs to Record High as Tech Sell-Off Weighs on Nasdaq, S&P 500

Wall Street ended the week on a mixed note as the Dow Jones Industrial Average pushed toward a fresh record , while the S&P 500 and Nasdaq slipped amid renewed weakness in technology stocks . The divergence highlights a growing rotation away from high-flying tech names into more traditional value and cyclical sectors. The Dow rose about 0.2% , extending gains after an earlier surge of nearly 650 points. Investors piled into banks, industrials, and consumer staples, driving the blue-chip index higher. Meanwhile, the S&P 500 dipped 0.1% after briefly crossing the 6,900 mark for the first time, and the Nasdaq fell 0.3% , continuing its slide from earlier in the week. The sell-off in tech was sparked by disappointing earnings updates from Broadcom and Oracle , which reignited concerns about AI-related overvaluations . Broadcom’s shares tumbled nearly 8% despite beating quarterly earnings expectations, as investors worried about tighter profit margins and a lack of clarity on AI-...
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Israel's New Gaza Strategy Sparks Global Concern

Israel has approved a plan to capture the entire Gaza Strip and maintain control over it for an unspecified period, according to Israeli officials. The decision, made in an early morning vote by Israeli cabinet ministers, marks a significant escalation in the ongoing conflict.

The plan aims to defeat Hamas and secure the release of hostages held in Gaza. However, it also involves the displacement of hundreds of thousands of Palestinians to southern Gaza, exacerbating an already dire humanitarian crisis. Since the collapse of a ceasefire in mid-March, Israel has intensified its military operations, capturing approximately 50% of Gaza and restricting humanitarian aid, including food, fuel, and water.

International opposition to the plan is expected to be fierce, with concerns over the long-term implications of Israel's extended presence in Gaza. The United Nations and humanitarian organizations have warned of severe shortages and worsening conditions for civilians. Meanwhile, Israel continues to engage with various countries regarding potential solutions, including controversial proposals for population relocation.

As the situation unfolds, global leaders and humanitarian groups are closely monitoring developments, urging diplomatic efforts to prevent further escalation and address the humanitarian crisis in Gaza.

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