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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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Qatar Airways Strikes Historic Boeing Deal Amid Trump’s Gulf Visit


Qatar Airways has signed a landmark agreement to purchase up to 210 aircraft from Boeing, coinciding with former U.S. President Donald Trump’s visit to Qatar as part of his Gulf tour. The deal, which includes Boeing 777X and 787 planes, is valued at $96 billion, according to the White House. 

Trump and Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, witnessed the signing ceremony in Doha, marking one of the largest aircraft orders in Boeing’s history. Initially, Trump stated the deal was worth over $200 billion for 160 planes, but the White House later clarified the figures. 

The agreement is expected to boost Boeing’s market position, particularly as rival Airbus faces maintenance challenges with its A350 aircraft in extreme climates. Additionally, the deal strengthens U.S.-Qatar economic ties, with the White House estimating an overall economic exchange worth at least $1.2 trillion between the two nations. 

Trump’s visit to Qatar is part of a broader diplomatic effort, following his recent stop in Saudi Arabia, where he announced the lifting of sanctions on Syria and met with its president. His Gulf tour will conclude with a final stop in the United Arab Emirates on Thursday. 

The Qatar Airways purchase is seen as a strategic move to meet growing demand, with aviation experts calling it a win-win for both Qatar and Boeing. As the airline expands its global footprint, this deal positions it as a dominant player in the aviation industry.

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