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Wall Street Stays Resilient as Nasdaq Hits Record Amid Tariff Turbulence

  Markets defy trade jitters with mixed performance Wall Street wrapped up the week with a show of resilience, as the Nasdaq Composite edged to a fresh record close , buoyed by strong tech earnings and steady economic data. The S&P 500 posted a modest weekly gain , while the Dow Jones Industrial Average slipped 0.3% , reflecting investor caution amid escalating tariff tensions. Despite President Trump’s push for 15% to 20% blanket tariffs on European Union imports , markets largely shrugged off the geopolitical noise. Economic indicators, including a sharp drop in inflation expectations from the University of Michigan’s consumer sentiment survey, helped soothe investor nerves. Netflix’s earnings beat failed to impress, dragging its stock lower, while American Express posted strong results , signaling continued spending strength among affluent consumers. Meanwhile, CRISPR Therapeutics surged 17% after a major insider stock purchase, and Bitcoin briefly topped $118,000 befor...
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Defiant Pride: Mass Protest in Budapest Challenges Government Crackdown

In a powerful display of resistance, tens of thousands of people marched through Budapest on Saturday, transforming a banned LGBTQ+ Pride rally into a sweeping protest against Hungary’s nationalist government. The demonstration, which drew participants from over 30 countries and included 70 members of the European Parliament, was sparked by a controversial law passed in March that allows authorities to ban Pride events under the guise of “child protection”.

Despite the official prohibition, marchers flooded the streets waving rainbow flags and holding signs that read “None of us are free until everyone is free.” Budapest Mayor Gergely Karácsony attempted to circumvent the ban by organizing the event as a municipal gathering, but police still declared it illegal.

Prime Minister Viktor Orbán’s administration has faced mounting criticism for its decade-long rollback of LGBTQ+ rights and broader democratic freedoms. The protest also drew support from more than 30 embassies and European Commission President Ursula von der Leyen, who urged Hungarian authorities to respect the right to peaceful assembly.

While small groups of far-right counter-protesters appeared, police successfully diverted the march to avoid clashes. Organizers and civil society groups framed the event as a last stand for civil liberties ahead of next year’s national election, where Orbán faces a strong opposition challenge.

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